Chinese Blockbuster 'Ne Zha 2' Just Outpaced 'Moana 2' in a Major Way

The sheer potential of the global theatrical market is perhaps too humongous to comprehend, as is being proven in China alone this week. The Middle Kingdom witnessed something of an explosion during the Chinese New Year period, with a string of major new films grossing a combined total of over $1.3 billion during the past weekend. The biggest of the lot is the animated sequel Ne Zha 2, which broke several box office records in the first week of its release. The movie also overtook Moana 2 to deliver the biggest-ever debut haul for an animated title.