Abstract
In the mid 1990s ‘transnational’ meant a pan-Chinese universalism trying to reconcile the differences and conflicts among the mainland, colonial Hong Kong, KMT Taiwan and the Chinese diaspora. But since the rise of the new China market and the centralization of Chinese blockbusters, the transnational currency may have been replaced by an intra-national, if not hyper-national tender. The essay addresses the tension and dialectics between marketization and protectionism of the national screen industry in China. A political-economic approach analyzes the rise of the China Film Group (CFG) and its attempt to re-nationalize and transnationalize Chinese cinema. Accounting for recent developments of pan-Asian strategy, and CEPA, this case study will explain tensions inherent in China's integration to global media. CFG presents marketization as liberalization but this is part of a scheme to utilize the market to consolidate state power.
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