NYT: Dalian Wanda Group Is Slow To Continue Investing In North America
on January 21, 2013
Michael Cieply at The New York Times takes a closer look at how Dalian Wanda Group's promise to invest $10 billion in entertainment and commercial properties in North America is taking a while to come to fruition.
"Both sides are likely to continue pressing their efforts; Hollywood is eager to have a partner that can help it tap into China's fast-growing film market, and Wanda wants to strengthen its foothold in the lucrative North American market," Cieply writes. "But the slow going underscores the disconnect inherent in negotiations between parties whose goals reflect their own, more narrow interests."
Read the full article here.
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