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Move Over James Bond, China Has An Unlikely Box Office Champ

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Movies are big business in China, and 2012 was another record year: Theaters raked in about $2.7 billion, pushing China past Japan to become the world's second-largest market.

Those blistering sales were expected; China's ultimate box-office champ, however, was not.

Hollywood blockbusters usually do well in China. And last year, competition was stiff, including a new installment of Tom Cruise's Mission: Impossible franchise, as well as Skyfall, the latest James Bond flick.

But neither of these heavyweights topped the box office.


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