ChinaFile Recommends
04.27.18Lights, Cameras but Little Action for China’s New Film Capital
Wall Street Journal
Wanda Studios Qingdao is the centerpiece of billionaire Wang Jianlin’s plan to court Hollywood, but it hasn’t attracted many big-budget productions.
ChinaFile Recommends
09.07.17Wanda Sues over 'False' Reports on Chairman Wang Jianlin
Wall Street Journal
Dalian Wanda Group, the property and entertainment giant controlled by billionaire Wang Jianlin, has filed defamation suits against at least 10 Chinese social media accounts that published reports the company says sent its shares and bonds tumbling.
ChinaFile Recommends
08.28.17More Turmoil for China’s Wanda as Rumors Fly
Variety
China’s Dalian Wanda issued a stern denial Monday following rumors that company chairman Wang Jianlin had been detained by authorities as he attempted to fly abroad. The unsubstantiated reports caused stocks in Wanda’s hotel group to swoon. “Rumors...
ChinaFile Recommends
08.10.17A Missing Tycoon’s Links to China’s Troubled Dalian Wanda
New York Times
Dalian Wanda, the Chinese conglomerate that owns the AMC movie theater chain and nurtures Hollywood ambitions, has sometimes turned to the secretive business network of a politically connected Chinese billionaire in times of need. Now both Wanda and...
Conversation
08.03.17As China Reins in Capital, What Next for Global Trade?
China’s Communist Party and its leader, Xi Jinping, are tightening controls on overseas spending by the country’s biggest companies and their highly visible billionaire CEOs. The Wall Street Journal reported recently that Xi personally signed off on...
ChinaFile Recommends
07.20.17Chinese Billionaire Battles Talk of Trouble at Real Estate Empire
CNN
Last week Dalian Wanda sold several theme parks and dozens of hotels for $9.3 billion, marking the end of Wang Jianlin’s dream to defeat Disney (DIS) in China. The billionaire said the deal would reduce his company’s debt burden. It followed several...
ChinaFile Recommends
07.17.17China Cracks down on Dalian Wanda’s Overseas Deals: WSJ
Reuters
China’s regulators have told banks to stop providing funding for several of Dalian Wanda Group’s overseas acquisitions as Beijing looks to curb the conglomerate’s offshore buying spree, sources familiar with the matter said on Monday.
ChinaFile Recommends
07.10.17China’s Wanda Signals Retreat on Debt-Fueled Acquisition Binge
New York Times
The Chinese conglomerate Dalian Wanda Group has epitomized the country’s high-flying deal makers, building a vast global empire of theme parks, real estate developments, and movie theaters across the United States.
ChinaFile Recommends
06.30.17China’s Richest Man Builds World’s Biggest Indoor Ski Resort, Giving Harbin Year-Long Winter
South China Morning Post
Harbin Wanda City, the $6 billion resort development built by China’s wealthiest tycoon Wang Jianlin, opened for business on Friday, the conglomerate’s sixth theme park as it pushes further into the country’s leisure and entertainment industry to...
ChinaFile Recommends
06.22.17Big China Companies Targeted over ‘Systemic Risk’
Financial Times
China’s bank regulator ordered domestic lenders to check the “systemic risk” presented by “some large enterprises” involved in overseas buying sprees, sending stock prices of some of the country’s most acquisitive private-sector companies sharply...
ChinaFile Recommends
05.15.17Peter Loehr to Exit as Legendary Entertainment’s China Chief
Variety
Longtime China hand Peter Loehr will exit Beijing-based Legendary East at the end of the month, leaving another senior post to be filled at Dalian Wanda-owned Legendary Entertainment after the recent departure of founder Thomas Tull.
ChinaFile Recommends
03.14.17After Dick Clark Productions Deal Fails to Close, What’s Next for Dalian Wanda?
Variety
Wang Jianlin has led a triumphal march through Hollywood.
ChinaFile Recommends
12.13.16China’s Richest Man Threat to Trump ’Should Things Be Handled Poorly’
Quartz
Wang Jianlin says 20,000 American jobs and $10 billion in investment are at stake
ChinaFile Recommends
12.01.16China’s Dalian Wanda Group Faces Renewed U.S. Regulatory Scrutiny
Wall Street Journal
Top Senate Democrat Chuck Schumer raises concerns over Chinese conglomerate’s Hollywood takeovers
ChinaFile Recommends
11.04.16Dick Clark Productions to be Sold to Chinese Company for $1 Billion
New York Times
The deal will give Dalian Wanda Group broadcasting rights to the Golden Globes, the Country Music Awards and the NYC New Years countdown
ChinaFile Recommends
10.18.16Dalian Wanda’s Hollywood Event Is Itself a Production
New York Times
"Star Wars" music. Ushers in gold evening gowns. The mayor of Los Angeles. Inside Dalian Wanda's Hollywood event.
ChinaFile Recommends
10.18.16Red Star Over Hollywood: ‘Dr. Evil’ Says China Wants Movies
Bloomberg
Lobbyist questions companies’ motives in U.S. takeovers: ‘You will never see a Chinese villain in the movies’ again
ChinaFile Recommends
10.18.16Chinese Billionaire Wang Jianlin Descends on Hollywood
Hollywood Reporter
Wanda's gala event at LACMA is expected to attract A-list stars and executives, as the company's outspoken chairman announces a major new production incentive in China.
ChinaFile Recommends
05.24.16China's Richest Man Just Picked a Fight With Disneyland
Fortune
Wang Jianlin’s Wanda Group is also building amusement parks.
ChinaFile Recommends
02.26.16China’s Richest Man Wang Jianlin Urges Beijing to Motivate Officials for Economic Growth
South China Morning Post
Wang told an audience at Oxford University that inaction by some officials stemmed from “flaws in systematic design.”
Conversation
01.13.16Does Chinese Investment Pose a Threat to Hollywood?
The Wanda Group, China’s leading real estate developer, on Monday paid $3.5 billion for a controlling stake in Hollywood studio Legendary Entertainment, maker of Jurassic World, among other global blockbusters. At a time when Hollywood is...
ChinaFile Recommends
01.05.16China's Wanda Acquiring Controlling Stake in Legendary Entertainment
Hollywood Reporter
Wanda aims to be a global entertainment giant, buying the No. 2 U.S. cinema chain AMC for $2.6B in 2012.
ChinaFile Recommends
11.13.15China's Dream Factory
Atlantic
The long arc of moviemaking history may not bend inevitably toward China, but it does lead away from Hollywood, whose rise and long dominance of the film industry was predicated on a series of conditions that no longer exist.
ChinaFile Recommends
04.28.15Wang Jianlin, a Billionaire at the Intersection of Business and Power in China -
New York Times
Wang tends to present himself as the pragmatic face of big business in China.
Conversation
09.24.13A Shark Called Wanda—Will Hollywood Swallow the Chinese Dream Whole?
Stanley Rosen:Wang Jianlin, who personally doesn’t know much about film, made a splash when he purchased America’s No. 2 movie theater chain AMC at a price many thought far too high for what he was getting. A number of knowledgeable people...
ChinaFile Recommends
08.27.13Property Mogul Wang Emerges as China’s Richest Person
Bloomberg
Wang Jianlin, owner of China’s biggest commercial land developer, is the nation’s wealthiest person, based on regulatory filings that show his non-real estate businesses are more valuable than previously calculated.