that collision of the short-term gains and the long-term planning is ultimately the humbling of

Hollywood here.

I have yet to find any executive who has said to me, I'm really disturbed by what's happening and I want to do something about it

whether it's try to move more of my business away from there I want to make a movie about

it something that kind of proactive I have yet to see. On this podcast we spend a lot of time discussing the rising threat from China in Cold War II.

We've done episodes with Matt Pottinger and Admiral Stravides.

We've also had an episode on the future of the movie industry with John Pot Horitz.

But what do China and specifically Cold War II and Hollywood have to do with one

another? You may not have realized it but when you watch movies like Skyfall

or Mission Impossible 3 or almost a decade ago, World War Z, to name a few, you're watching

a strange relationship at work between the Chinese Communist Party and one of America's most

influential exporters.

It's the fascinating and richly reported story told by Eric Schwartzle in his new book,

Red Carpet, Hollywood, China, and the Global Battle for Cultural Supremacy.

Eric has reported on the film industry for the past decade for the Wall Street Journal.

He's based in the Journal's LA Bureau.

Previously, he worked for the Pittsburgh Post

Gazette where he wrote extensively on the environment and the burgeoning

energy industry there. To set this up, the dynamic we have today is

that Hollywood often depends on two important inputs for their business model in making blockbuster films,

capital from China to finance production of the films and access to audiences in China.

Basically they want to be in Chinese movie theaters.

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