China’s Wanda Unveils Global Domination Plans | Variety

Leonardo DiCaprio, Nicole Kidman among those attending AMC Theaters owner’s studio launch HONG KONG — China’s Dalian Wanda Group has unveiled plans to become one of the world’s biggest film companies. This story first appeared in the September 24, 2013 issue of Variety. Subscribe today. At a glitzy ceremony in the port city of Qingdao, attended by top stars from China and Hollywood as well as senior Hollywood executives, Wanda chairman Wang Jianlin broke ground on a new mega studio. He also revealed alliances with Hollywood studios and announced a new film festival. His $4.9 billion (RMB 30 billion) Qingdao Oriental Movie Metropolis will include 20 sound stages, including a 10,000 square meter studio complex, 19 smaller, related facilities and a theme park. It is set to open in 2017.

Source: China’s Wanda Unveils Global Domination Plans | Variety

China’s railways mileage tops 100,000 km – Xinhua | English.news.cn

BEIJING, Dec. 28 (Xinhua) — China’s railways network topped 100,000 km in total mileage on Saturday, as several new high-speed rail links started operations ahead of one of the busiest travel seasons next month.The newly opened links include the Xiamen-Shenzhen railway, Xi’an-Baoji railway, Chongqing-Lichuan railway, and others in southwest China’s Guangxi Zhuang Autonomous Region and have a combined mileage of 2,000 km.Of the 100,000 km of track, more than 10,000 km are highspeed, said Hu Yadong, vice general manager of the China Railway Corporation.

Source: China’s railways mileage tops 100,000 km – Xinhua | English.news.cn

China is crushing the U.S. in ‘economic warfare’ – Jun. 30, 2016

As China has risen to become the world’s No. 2 economy, it has repeatedly used its business and financial clout to get what it wants on the world stage, say foreign policy experts Robert Blackwill and Jennifer Harris. When Norway gave Chinese dissident Liu Xiaobo the Nobel Peace Prize in 2010, China dramatically scaled back its salmon purchases from Norway and halted trade talks. When tensions escalated between the Philippines and China over a territorial dispute in the South China Sea, China let Philippine bananas rot in its ports.

Source: China is crushing the U.S. in ‘economic warfare’ – Jun. 30, 2016