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China-Hollywood co-productions, Tom Cruise's 'American Made' financing and the actor who will star in the Indian 'Rambo' remake.

The Hollywood Reporter has released its third Cannes Film Festival daily issue, which includes a look at the state of China-Hollywood co-productions, a backing announcement of Tom Cruise's American Made and exclusive casting news in the Indian Rambo remake.

China and Hollywood
Despite many attempts, there are virtually no U.S.-China co-productions that have succeeded financially in both territories: Christian Bale's The Flowers of War, Kevin Spacey's Inseparable and, most recently, Matt Damon's The Great Wall. THR takes a look at how savvy producers are now finding ways to get past cultural and regulatory hurdles to gain access to the Middle Kingdom and still make a profit.

Making American Made
Chinese electronics and digital entertainment company Jetsen Group has taken a stake in the Universal crime thriller American Made, directed by Doug Liman and starring Tom Cruise. The film stars Cruise as real-life American pilot and hustler Barry Seal, who ran drugs in the 1980s for cocaine kingpin Pablo Escobar and was recruited by the CIA to run one of the biggest covert operations in history. (Cruise himself is a trained pilot.)

Casting India's Rambo
THR shares exclusively that rising star Tiger Shroff (Baaghi, Heropanti) will play the iconic action character in the forthcoming remake, which will be directed by Siddharth Anand. Anticipation for the remake is huge in India, where the casting of the lead character had been a major cause of speculation in the local media. Principal photography for the film is slated to start in February, with a release targeted for late 2018.

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