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China’s Wanda Group Boosting Ties to Hollywood

In a glittery presentation in Los Angeles, the richest man in China, Wang Jianlin of the Dalian Wanda Group, made his pitch this week to studio heads eager for Chinese investment and audiences. Wang, a real estate magnate and emerging movie mogul who spoke Monday in Los Angeles, is making inroads in Hollywood as he expands his business in China. His Wanda Group owns a majority stake in AMC Theatres, the second-largest U.S. chain, and in January spent $3.5 billion for Legendary...

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