Wanda's driving too fast down boulevard of broken dreams
Chinese tycoon's high-profile and pricey cinema ventures delivering more jitters than blockbusters
Hong Kong
WHEN it comes to his attempts to dominate Hollywood, Chinese billionaire Wang Jianlin has been quite vocal about US protectionism. Perhaps he should direct some of that energy elsewhere.
Last week, as he was making waves at Davos, his domestic rivals were getting cozy with a studio he'd previously set his sights on. Shanghai Film Group and Huahua Media struck a deal to throw Viacom's Paramount Pictures a much-needed lifeline.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents