Erich Schwartzel has covered Hollywood for the Wall Street Journal for almost a decade. This week, the author of “Red Carpet: Hollywood, China, and the Global Battle for Cultural Supremacy” joins the California Sun Podcast to talk about how two big stories — Hollywood and the Oscars, and our eyes on China — may have more in common than we thought. The economic decline of Hollywood and the rise of China’s film history are directly related and certainly will impact the California economy.