China gives OK to digital cinema chain

The Chinese government has given its seal of approval to businessment who plan to start the country's first privately-funded chain of digital cinemas.

The name's a mouthful: the Time Huaxia Digital Cinema Line. Tickets will cost about $1.20, compared to about $12 in a conventional cinema. Time Huaxia plans to have four hundred franchise cinema's built by the end of the year, according to this piece. I know they move fast in China, but 400 within a month? Likely they mean the end of the Chinese year...