Dalian Wanda Group will cooperate with Reliance Group, a conglomerate led by the Indian billionaire Anil Ambani, to develop real estate projects in India.
Dalian Wanda Group is in talks with Hollywood studios to co-produce films and is looking to buy and build hotels in major US cities, Reuters reported.
Dalian Wanda Group outlined its ambitious plans at the recent 2012 Cultural and Creative Industry Summit in Beijing.
The acquisition of AMC Entertainment Holdings Inc has turned Dalian Wanda Group Co into the largest movie theater chain operator globally.
Dalian Wanda Group Co Ltd have received all necessary regulatory approvals for the planned acquisition of AMC Entertainment Holdings Inc.
Dalian Wanda Group Corp Ltd's acquisition of AMC Entertainment Holdings Inc was approved by the National Development and Reform Commission in June.
Construction has resumed on a disputed commercial plaza that has affected flight safety and led to canceled flights in Mianyang, Sichuan province.
Outbound direct investment is set to soar in the coming years, with double-digit growth rates predicted, the Ministry of Commerce said.
Dalian Wanda Group Corp Ltd, the owner of China's largest movie theater chain by box office receipts, acquired the world's second-largest theater chain.
A private Chinese firm on Monday announced that it will purchase US movie theater chain AMC Entertainment for $2.6 billion.
Dalian Wanda Group Corp Ltd is reported to be in talks with the US' second-largest cinema chain, AMC Entertainment Inc, for a possible acquisition.
Wanda Cinema Line Corp has applied for an initial public offering, according to an IPO application list published on the website of China Securities Regulatory Commission last Thursday.
Chairman of Dalian Wanda Group Co Ltd Wang Jianlin said the loans and capitals used in city constructions helped the country's development, at an official news conference on Sept 15 at the World Economic Frorum in Dalian, Liaoning province
The real estate industry is the biggest source of wealth for the richest people in China, the country with the largest number of US dollar billionaires, said Rupert Hoogewerf, chairman and chief researcher of Hurun Research Institute.
China's rich defy global crisis
China's innovative investment model in infrastructure constructions – start construction on debt and repay after completion – has been benefiting the speedy urbanization development in the past decades, executive of Dalian Wanda Group said on Sept 15.
Fresh from the recent disappointment of its Olympic team failing to qualify for next year's London Games, the Chinese Football Association (CFA) launched a huge salvage campaign on Sunday by reaching a multi-million-dollar deal with a domestic company to support a new youth development program.
Fresh from the recent disappointment of its Olympic team failing to qualify for next year's London Games, the Chinese Football Association (CFA) launched a huge salvage campaign on Sunday by reaching a multi-million-dollar deal with a domestic company to support a new youth development program.
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