“Talent costs have risen. This is the cost of doing business in China these days,” says Christy Choi, distribution director at One Cool Pictures. The move up in scale reflects the expansion of ...

But some scholars argue that something else has taken that conflict's place: a "cool war," pitting the U.S. against China. That war is flaring up, and it's high stakes for American industry.

On May 15th there was a sense that the People’s Daily, the mouthpiece of the Communist Party, could not quite believe it was publishing an article entitled “How did China become cool?” ...

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