London (ANI): Pinewood Shepperton, the studio home of the cinematic James Bond series, is considering a move to the Far East, say reports. According to the Telegraph, the studios group behind a raft of blockbusters including Harry Potter franchise is considering creating a production site in the Far East.

Reports say that after increasing appetite from Hollywood for Asian film sets, the company wants to open a Pinewood Studios in China or a neighbouring country such as Malaysia. It follows Pinewood"s move into Toronto with Pinewood Toronto Studios.