Dreamworks to make Kung Fu Panda 3 in China
BEIJING (AP) - Dreamworks Animation and Chinese partners say they will co-produce the next Kung Fu Panda and jointly develop an entertainment centre in Shanghai.
The deal announced on Tuesday adds to fast-growing ties between Hollywood and China's film industry.
Dreamworks and its partners said Kung Fu Panda 3 will be produced in China and released in 2016.
They said the planned entertainment centre in Shanghai, valued at more than 20 billion yuan (US$3.9 billion), will include cinemas, theatres, restaurants and tourist attractions.