ray wong from silicon valley.eek has been the release of the movie crazy rich asians. it stars and all asian cast, a first for a hollywood movie in nearly three decades. after talks, topping the us box office last weekend, it opened in asia this week. the film has already raked in an estimated 3a million us dollars in five days in the us, more than covering the $30 million pricetag it cost to produce. but how much of a gamble was a film with an all asian cast for the producers to back? and will the formula be a big hit in asia? try will the formula be a big hit in asia ? try near‘s will the formula be a big hit in asia? try near‘s box office overtook the us as the biggest in the world just this year —— china‘s. one expert says warner brothers gave them the support they needed to succeed. they believed in the idea that if we created an organic love story that touched on an experience that a lot of people haven‘t seen, and in a beautiful exotic place, there would beautiful exotic place, there would be an audience. b

joining us ray wong of constellation research. en decimated, on earnings by the way, earnings short falls. you got to wonder, particularly with the big trade fight and battle over made in china 2025 being the central issue, what's going on here? >> you know there is a huge opportunity to come in and buy. they're investing for the long haul, the same way amazon was 10 years ago. they're putting in the infrastructure. they have got the numbers, and in that protectionist environment that they're in, they pretty much have the market to themselves. baidu, alibaba and tencent which you're talking about. charles: by the same token the chinese government cracking down a lot on social media sites, cracking down on media sites. there is double of had edged sword when it comes to controlled protectionism economy like that. >> i agree. i'm a free market capitalist n that market they're pretty much controlled. at whims what might happen, might be gaming one day, might be too much screen time are the other could be infected. they're all building