(From Sina English, 9/12.)
With the Chinese film market experiencing a slowdown this summer, live performances including dramas, comedies and concerts, are likely to become China's next dark horse when it comes to rapid growth, Tang Xiaoming – chairman of We Capital, a cultural investment startup – said on Thursday in Beijing at the company's first press conference.
According to Tang, skyrocketing housing prices are one of the several factors behind the mainland film market's box-office slowdown.
http://english.sina.com/ent/mo/2016-09-12/detail-ifxvukhv8186914.shtml