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Word of warning: TFormers is reporting that this show is still coming after all, but their source is some random movie blogger on Weibo who doesn't provide any sources at all to back their claim. So if you see any word of this spreading, take it with a huge grain of salt since there's currently no confirmed credibility behind the claim.

Here's a rough translation of the original blog post on Weibo:

The way the World's politics are going right now, I think such a USA-China co-production may be put on hold for a while.