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China  set  to  be  world’s  largest  movie  market

China will overtake the US as the world’s largest movie market within two years, according to the chief executive of Imax, the big screen cinema group.

Rich Gelfondsaid that China would surpass the US in box-office revenue and by number of screens by 2017.

“We entered China just as the multiplex boom was happening and our box office has increased 50 per cent a year on a compound basis,” he said.

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