China’s Communist Billionaires: Darlings of Harvard, Wall Street, CFR

Thursday, February 25, 2016
By Paul Martin

by William F. Jasper
Wednesday, 24 February 2016

East Coast-West Coast, from Harvard to Hollywood, China Inc. is setting down a big footprint, with indispensable assistance from some of the biggest names on Wall Street: Goldman Sachs, Morgan Stanley, Carlyle Group, Kissinger Associates, CitiBank, JPMorgan Chase.

Wang Jianlin, “China’s richest billionaire” and chairman of the huge Wanda Group conglomerate is the current leading darling among China’s Communist Party elite being toasted by America’s and Europe’s globalist elites. As The New American recently reported (China Cash and Movie Moguls — The Disturbing New Hollywood-Beijing Axis), Wang Jianlin is leading Beijing’s multi-billion dollar “Chollywood” effort aimed at merging the China-U.S. film industries to create the dominant global entertainment-propaganda machine. That project is well on its way, with Wang’s $2.5 billion purchase in 2012 of AMC Theaters (making Wanda the world’s largest cinema operator), his $8.2 billion investment in a mammoth film studio/entertainment complex in Qingdao, and Wanda Group’s $3.5 billion buyout of Legendary Entertainment (producer of blockbusters Jurassic World, 300, the Batman/Dark Knight trilogy, Pacific Rim, Godzilla, and Man of Steel).

Harvard’s Faustian Bargain

The Rest…HERE

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