The Chinese like their Michael Bay


Transformers: Age of Extinction became the top-grossing movie ever in China after only 12 days in theaters.

The running box office tally of $225.1M for the Paramount (VIA, VIAB) film beat out Avatar which took in $221.9M.

What to watch: The development is viewed as favorable for IMAX (IMAX), but could lead to some issues for upcoming films Dawn of the Planet of the Apes from 20th Century Fox and Disney's Guardians of the Galaxy if Chinese regulators crack down a bit to give local titles a better chance to succeed in the wake of the Transformers box office landslide.

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