‘Fast & Furious 7’ is China’s biggest ever grossing movie

“Fast & Furious 7” has knocked “Transformers: Age of Extinction” off the perch of China’s highest grossing movie, demonstrating that Hollywood action and special effects movies are the safest bets in the fast-growing Chinese market.

“Fast & Furious 7” has knocked “Transformers: Age of Extinction” off the perch of China’s highest grossing movie, demonstrating that Hollywood action and special effects movies are the safest bets in the fast-growing Chinese market.

It pulled in 450 million yuan ($74 million) in its second full week, ending Sunday, bringing its total box office takings to 2.02 billion yuan ($332 million), according to the official Xinhua News Agency.

[related-post]

Last summer, the fourth “Transformers” film overtook the 2010 “Avatar” to become the biggest grossing movie with $320 million in ticket sales.

In North America, where the street-racing movie is called “Furious 7,” it has been No. 1 for three weekends and has earned $321 million. The film’s worldwide box office crossed the $1 billion mark Friday.