The film industry, Wall Street Journal reporter Erich Schwartzel explains, is the latest battleground in the tense and complex rivalry between the USA and China. In recent decades, as China has grown into a giant of the international economy, it has become a crucial source of revenue for the American film industry. Hollywood studios are now bending over backward to make movies that will appeal to China's citizens - and gain approval from severe Communist Party censors. In Red Carpet, Schwartzel explores this phenomenon and its consequences.