Like most financial news from China, I take this with a grain of salt (and lots of MSG). We know about suspended installs (mostly prestige theaters in shopping centers that haven't opened). We don't know about dark theaters (either shpping centers that shouldn't have been completed or that have been eclipsed by newer properties). So there's more sponginess to the numbers than you see in most markets.
These numbers are in line with expected growth and we'll see pass on their correctness on the Feb. 21 conference call. The company never has announced theater opennings, only signings. and numbers only at the quarterly conferences. The one in York, PA was never announced but we got media confirmation this week. I wish the company would announce Quarterly totals earlier, but they don't.