*
Thunderbolts* first U.S. film to open in China since new
trade
war began
*
China has long limited Hollywood releases but this month
announced further curbs
*
Even before latest curbs, Chinese audiences seen shifting
away
from U.S. movies
By Casey Hall and Sophie Yu
SHANGHAI, April 30 (Reuters) - New Disney movie
Thunderbolts* is poised to test Chinese appetite for Hollywood
blockbusters as it opens in cinemas around China on Wednesday,
making it the first American film to hit movie theatres in the
country since a new trade war began.
The film, a part of the sprawling Marvel franchise, was
approved for release in China before Washington and Beijing
slapped tit-for-tat tariffs on each other.
That meant the movie, which sees an unconventional band of
antiheroes brought together to combat a supervillain, escaped a
decision by China to curb Hollywood imports earlier this month
as part of its retaliation against the United States.
In 2024, a total of 42 American films were released in
China, but Chinese audiences have been gravitating away from
Hollywood for some time.
Releases so far in 2025 have included Snow White, which made
9 million yuan ($1.24 million) at the Chinese box office and
Captain America: Brave New World which pulled in 104 million
yuan.
In comparison, 2025 box office leader Ne Zha 2 has grossed
more than 7 billion yuan in its home market.
"It's hard to remember the last American film I watched..."
said Beijing resident Pan Lei, a frequent cinema-goer. "I think
it should be Dune, which was four years ago."
Pan, 49, said that American films like the Marvel movie
franchise have been standard fare for nearly 20 years, and any
novelty of their production and visual effects has largely worn
off.
"I miss the days when we could watch wonderful Hollywood
films like Titanic, Speed, True Lies and Iron Man in cinemas,"
he said, adding: "I think the younger generation doesn't share
the same idea of Hollywood as my generation."
While Chinese moviegoers around Pan's age were once
accustomed to Hollywood films dominating China's box office, the
rapid development of a homegrown industry has seen domestic
films with local stars and specifically Chinese stories rise to
supplant them over the past decade.
Since 2015, Chinese films have ranked number one at the
local box office each year, while the number of foreign films at
the top of the box office takings have become rarer.
Even without a new trade war and a rise in geopolitical
tensions between the United States and China, it's doubtful
Hollywood films will ever be able to regain their once-dominant
position in the Chinese market, analysts say.
"China will continue to dominate its home market," said
Stanley Rosen, professor of political science at the University
of Southern California. "China has learned a lot from Hollywood
- for example, from their earlier collaboration with DreamWorks
in Shanghai - and simply does not need the Hollywood
blockbusters anymore."
"Only two Hollywood films made over $100 million in China
last year, and I don't expect any will do so this year," he
added.
($1 = 7.2645 Chinese yuan renminbi)