I thought Lust, Caution was a really good film and probably stood a chance of winning an Oscar for Best Foreign Film, but it hasn't even been nominated.
It turns out that there was a problem with the film being submitted to the Oscar panel as a Taiwanese production. They felt the film was not strictly speaking a Taiwanese film because so much of it was done in China and featured non-Taiwanese personnel.
Source: Xinhuanet
However the film was eligible for other Oscar such as costumes, music and didn't get nominated for anything. It's been totally overlooked!
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