34 non-Chinese films can now be distributed and shown each year!

Under previous Chinese law, only 20 non-Chinese films could be shown in Chinese theaters each year. This new deals increases the number by 14. It's a interesting read how quickly the deal finally came together.

By the way, I can't imagine the chaos that will hit theaters when Titanic 3D comes to China. Every single Chinese person can hum Celine Dion's iconic song and it might be the only movie for some time that has a chance to break Avatar's Chinese box office record. Near... Far... Wherever You Are... I Believe... that I'll be seeing this movie.