Wanda's Wang Cautions Trump on Playing Politics with Hollywood M&A

(Beijing) — Chinese billionaire Wang Jianlin said over the weekend that his recent U.S. entertainment-related investments total more than $10 billion, and that the companies' more than 20,000 employees could suffer "should things be handled poorly" by U.S. President-elect Donald Trump.

Wang made his remarks in a speech in Beijing, as Trump and other U.S. politicians send conflicting signals that could augur tougher policies toward China. Wang also commented separately on the magnitude of rampant inflation of box office figures in China, and said his recent purchase of one of Europe's largest cinema chains has just received regulatory approval.