28 June 2014 9:04 AM, PDT | Variety - Film News | See recent Variety - Film News news »

Transformers: Age of Extinction” is on pace to shatter opening weekend records in China, according to three individuals with knowledge of the market.

The Paramount Pictures release debuted to $30 million in the People’s Republic, counting midnight figures from Thursday. That represents a record for the largest opening day for a foreign film in China. It is on pace to do at least $80 million at the Chinese box office and will probably climb even higher, the individuals said.

“It’s a new stratosphere,” said one individual.

A spokeswoman for Paramount declined to comment.

If it hits that figure, it will be an opening weekend record. “Iron Man 3″ posted a $64.5 million debut when it premiered last year, which was the previous high-water mark.

If the picture continues to attract crowds into its second or third weeks, it could surpass the $221.9 million that “Avatar” made during its Chinese release, which was »

- Brent Lang

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