Xinhua, citing the national tax bureau and content watchdog, said the campaign, which began in October, had ended, and companies and workers had been ordered to correct their tax records. The most famous star to get caught up in the campaign was actor Fan Bingbing who has 62 million online followers. She was ordered to pay about $129 million in overdue taxes and fines in October, after a four-month disappearance from the public eye, Xihua reported earlier. Industry insiders have lamented that a “cold winter” has descended on the business since authorities launched the checks, with film projects stalling and investors selling off related company shares. Huayi Brothers Media Corp, a company linked to Fan Bingbing, has seen its share price halved since last year, while box office revenue growth in the world’s second-largest film market after the United States, slowed last year.

Source: Dhaka Tribune January 22, 2019 15:45 UTC