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That's a wrap: US hails China agreement on movies Cheering as loudly as any movie audience, Hollywood and the Obama administration on Saturday hailed China's agreement to reduce barriers that have kept U.S.-made films out of the booming Chinese market.Vice President Joe Biden called it a "breakthrough," and said the accord will "make it easier than ever before for U.S. studios and independent filmmakers to reach the fast-growing Chinese audience."
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