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China misses WTO deadline

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China appears to have missed the deadline to comply with a World Trade Organisation (WTO) decision that it must loosen controls on the film industry.

But US officials, for the moment at least, seem unwilling to play up the problem.

In a ruling last year the WTO said that China had until 19 Mar 2011 to announce its restrictions on the distribution of foreign films.

So far China has not made any filing to the trade body, of which it became a member in 2001. That opens it to potential penalties.

Read the full story here >>

via Film Business Asia

Copyright © Film Business Asia Limited

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