Chollywoods big challenge

BEIJING - China has agreed to open its market to more US films and provide better terms to US studios whose films are released in the country, a move that has created a stir among Chinese filmmakers.

China and the United States have reached an agreement concerning issues related to films after their World Trade Organization dispute last year, according to Xinhua News Agency.

"This agreement with China will make it easier than ever before for US studios and independent filmmakers to reach the fast-growing Chinese audience, supporting thousands of American jobs in and around the film industry," US Vice-President Joe Biden said in a statement.

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