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Wanda Group Establishes Film Fund To Lure Productions to China: “Opportunity For Hollywood, Not Competition”

Wanda Group Chairman and CEO Wang Jianlin and chief executive of international investments and business developments for the Wanda Cultural Industry Group Jack Gao — flanked by filmmakers, executives, the president of AMPAS and the Mayor of Los Angeles — joined hands in what is a first-of-its-kind collaboration between the U.S. and China who is “opening their arms” to Hollywood to come to China for film production.
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