Paramount Pictures said Friday it has inked a co-financing deal with two Chinese companies for the Hollywood studio’s slate of movies over the next three years. Under the terms of the deal, Shanghai Film Group and Huahua Media will also set up an office on Paramount’s lot later this year, the studio said in a statement. [...] It’s the latest China-Hollywood tie-up, as both sides aim to beef up their presence in each other’s movie industries.

Trump is expected to lead on cybersecurity, even as he assumes the job of leader of the free world amid ongoing investigations in federal law enforcement and probes on Capitol Hill about the extent to which cyberattacks and hacks of political targets during the 2016 campaign were linked to Russian state security or their proxies. Investigators also are exploring whether there were any direct links between hackers and individuals involved in the Trump campaign.

Sam Geall, the executive editor of China Dialogue, a bilingual website on the environment, said Beijing viewed having a climate change denying US president as a rare and unexpected opportunity to boost Chinese soft power by positioning itself as the world’s premier climate change fighter.

It was the opening ceremony of ‘2017 as the year of Japan-India friendly exchanges’ when renowned Indian film director-writer, Imtiaz Ali announced the production of his new film, ‘Love in Tokyo’ in collaboration with a major Japanese film studio, Shochiku. This Indo-Japanese collaboration is a part of the friendly exchanges the two countries are looking at by means of cultural exchanges.

The personal touch shows Abe’s determination to maintain ties with the Philippines as Japan competes with China for business deals. Security ties between the Southeast Asian nation and the U.S. have deteriorated under Duterte, and with China growing increasingly assertive in the region, Abe is seeking to convince his counterpart to stick with Japan and the U.S.

Beijing predicts that the new Silk Road will allow China to extend and showcase its soft power both culturally and economically. We are in a "period of strategic opportunity" up to 2020, according to the Beijing leadership, notwithstanding the remarks from American president-elect Donald Trump or territorial disputes in the South China Sea.