China’s richest man has a shiny, new $8.2 billion movie studio in Qingdao and hopes to lure big name filmmakers to use it by offering them a 40 percent production rebate. For Wang Jianlin, the goal is to transform his… Read More>>
Does Wang Jianlin Hope $1B and Dick Clark Will Make Him a Hollywood Star?
They say there’s no business like show business and perhaps that explains why Dalian Wanda’s chief Wang Jianlin has his sights set on taking over Hollywood one deal at a time. The Chinese tycoon is reportedly now in talks to… Read More>>
Chinese Real Estate Goes Hollywood as Gemdale Inks $125M US Deal
Gemdale Properties, one of China’s largest real estate developers, ventured overseas for the second time this week when it entered into a joint venture for a $125 million mixed-use project in Hollywood, California.
Gemdale Properties and Investments, a US-based subsidiary… Read More>>