Answer the following question by reasoning step-by-step. Did the Paramount leader produce Titanic?

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
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The Paramount leader is the highest leader of China. Titanic was produced by Paramount Pictures. Paramount Pictures is an American film studio. Therefore, the final answer is no.