Chongqing China’s Largest Coffee Trader

The spot trading volume of coffee on the Chongqing Coffee Exchange hit 10 billion yuan (1.5 billion U.S. dollars) as of August, making it the biggest spot trading platform for coffee in China. According to Peng De, general director of the Chongqing Coffee Exchange, China’s coffee consumption has been growing by 20 percent every year […]

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Blade Runner 2049 Crashes at Box Office

Despite critical praise and optimistic tracking, Warner Bros./Alcon/Columbia’s “Blade Runner 2049” has crashed hard at the box office, grossing just $31.5 million in its opening weekend from 4,058 screens against a reported budget of $150 million. It’s a tough fall for the Denis Villeneuve-directed sequel to Ridley Scott’s classic sci-fi noir. Before the weekend, the […]

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China Demand for Quality Entertainment Booming

China’s burgeoning entertainment market has attracted more foreign players seeking partnerships with Chinese companies, according to some industry insiders in Hangzhou. The MIP China Hangzhou International Content Summit, the first event marking the Cannes-based MIP’s expansion into Asia, kicked off in the capital of Zhejiang province in May. MIP – or Marche International des Programmes […]

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