China, US Reach Blockbuster Deal In WTO Film Fight

Law360, Los Angeles (February 21, 2012, 6:36 PM EST) -- The U.S. and China have reached an agreement to increase exports of American tent-pole films by more than 50 percent, resolving a long-standing World Trade Organization dispute over Beijing’s movie import restrictions, Vice President Joe Biden announced Friday.

“This agreement with China will make it easier than ever before for U.S. studios and independent filmmakers to reach the fast-growing Chinese audience, supporting thousands of American jobs in and around the film industry,” Biden said Friday after a meeting in Los Angeles with China’s Vice President Xi...
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