Paramount have officially announced that they’ll be co-producing the film with China Movie Channel and Jiaflix Enterprises. As a result, some of the film will be shot in China, and some of the cast will be Chinese.
Between this and last week's announcement that Marvel will release a special edition of Iron Man 3 in China with more Chinese content, it's pretty obvious which way Hollywood's gigantic blockbusters are going. I wonder if there will be some sort of a jingoistic backlash to these American/Chinese coproductions. I also wonder if the quality of blockbusters will decline even further as the films are produced for a global audience. Movies are already losing viewers in America because of Hollywood's insistence on producing "four-quadrant" event movies that wishy-washily appeal to every demographic*. When those quadrants expand to include a heavily censored nation, will America look elsewhere for the cheap and dirty thrills that movies used to provide?
* Although to be fair, Looper was a joint America-China production, and Looper was fantastic. But I'm going to go out on a limb, here, and predict that Trans4mers will not be as good as Looper.