Despite the ongoing trade war and frostier than ever ties between China and the U.S., “Detective Chinatown 3” producer and financier Shawn Yue (aka Yue Xiang) is still betting on collaboration in the film industry — though perhaps not in the way you’d expect.Chinese production budgets and visual ambitions have lately begun to outgrow China’s ability to achieve them, given the country’s lack of existing talent and resources to execute such projects.
While it might still be cheaper to shoot smaller productions in China, films budgeted over $20 million are actually cheaper to shoot in the U.S., Yue attests.“It’s weird — if you want to make anything, you outsource it to China, but if you want to make a film, now is a good time to outsource to the U.S.,” says Yue, one of 18 listed producers and “co-producers” for “Detective Chinatown 3” who says
Read full article