China's Bona Film Group Secures $20 Million Production Credit from U.S.

on November 30, 2012

In a rare move, Chinese studio Bona Film Group has secured a $20 million credit line through East West Bank in an effort to finance Chinese films with money borrowed from the United States. East West Bank has a history of lending to individual Chinese productions in the past, however, this marks the first time they have provided a loan for multiple Chinese film productions.

[Variety]

Tags: No Tags

Comments

No comments were posted.

What do you think?
read all News »