Susan Sarandon cracked jokes with Chinese actor Zhang Guoli. Matt Dillon tried out his Mandarin and Rupert Murdoch touted the new movie his Chinese-born wife is producing.
Hollywood’s elite joined China’s biggest stars at the Shanghai Grand Theater to usher in the 14th edition of the country’s leading international film festival on Saturday — in a sign of respect for what is fast becoming one of the American movie industry’s key foreign markets.
Chinese box office numbers surged 64 percent to hit $1.5 billion in 2010. And despite import restrictions that effectively limit the country to 20 foreign blockbusters a year, American movies are doing brisk business. Last year, the James Cameron 3-D sci-fi epic “Avatar’’ — distributed by the Hollywood studio Fox, a unit of Murdoch’s media company News Corp. — brought in $204 million as it became China’s top-grossing release in history.
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