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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.
Published Fri, Nov 18, 2016 · 09:50 PM
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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.
China theme park sal…
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