Investing in Chicago property is just Wanda's first move into the U.S. real estate market.
From Wang Jianlin
Wanda and Reliance are two of the largest private conglomerates in their respective countries. By joining our strengths together, we hope our cooperation will bring mutual benefits and great results.
The London property market has excellent investment opportunities.
Acquiring Sunseeker deepens Wanda's international influence and represents an important step forward for the development of the business.
Sunseeker is well placed to take full advantage of opportunities in China, one of the world's fastest growing luxury yacht markets.
Cultural industries will be the next engine for growth after real estate, and Wanda will make cultural industries our long-term focus.
I know Bo Xilai well. But our relationship was based on our work; we didn't have a personal relationship.
There are not many companies in China that dare to say in public, 'We don't offer bribes', or companies that operate only by market rules.
The U.S., especially Hollywood, is so strong for film production.
If Wanda can control more than 20 per cent of the world's three most important film markets - the United States, Europe and China - then it will have an empire with great voice in the industry.
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