Thanks Ayako!
For those who are interested in industry workings here is an article that gives some good insight into the Chinese film industry. In 2012 China became the second biggest film market in the world. Hollywood is moving in to capture a piece of it and it looks like it is not a trivial thing to do as the article points out the following:
Aside from finding a China-friendly storyline, production companies must also find a capable local partner who understands local authorities and audiences and can help Hollywood studios better access the market.
Although there is no rating system, China’s authorities examine films’ plots before allowing them to be released in theaters. Concerns are mainly focused on gratuitous sex and violence, but there can be other reasons a film is withheld.
The article is here and it also has a great photo of Keanu hugging someone on page 2.
Photo is in the gallery.