The Traderszone Network

Published in TZ Latest News 5 June, 2016 by The TZ Newswire Staff

Will This Aggressive Rival Challenge Walt Disney Co’s Chinese Ambitions?

Disney‘s (NYSE: DIS) Shanghai Disney Resort hasn’t even opened yet, but it’s already attracted a very aggressive rival. Dalian Wanda Group, the privately held Chinese conglomerate which bought U.S. theater chain AMC Entertainment back in 2012, recently unveiled plans for 15 new theme park and entertainment projects across China to counter Disney’s expansion into the mainland market. 

read more