"CAPERNAUM" TAKES $50M IN CHINA: A WAY FORWARD FOR THE ARAB FILM INDUSTRY | BELT & ROAD
"The Chinese market should be a key target for Arab film makers, distributors and investors."
- The Lebanese film “Capernaum” is showing the Arab film industry the opportunities that lie in China. So far, it has grossed USD 53M at the Chinese box office, 73% of its USD 72M global take, making it the most commercially successful Arab film in history. There are lessons to be learnt from this success.
- As with any Arab business pivoting towards China, there are challenges as well as opportunities.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.
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