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Wang's theme-park bet more of a China real estate gamble

By choosing Tier 2 cities, he gets what China's other property tycoons crave: cheap land and tax benefits.
Saturday, November 19, 2016 - 05:50

Hong Kong

EARLIER this year, Wang Jianlin threatened to see off Walt Disney Co's theme park in Shanghai with his own slew of attractions. Dalian Wanda Group Co's pack of wolves - a rollout of 15-20 theme parks in China - would defeat the lone tiger that is Shanghai Disneyland, he said.

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