Critics worry Wang Jialin’s purchase of AMC theaters could be part of China’s “soft power initiative”

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AMC Entertainment, the United States’ second largest theater chain, was recently purchased by Wang Jianlin, a Chinese multi-billionaire with strong ties to the Chinese Communist Party.

“This is a long-term investment,” the Wall Street Journal quoted Jainlin as saying about his acquisition. “Private equity lacks the long-term vision that we have.” (read more at FoxNews.com)

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