AMC Buyout Part of Chinese Takeover of Media
Beijing aiming to project its “soft power”
Paul Joseph Watson
Monday, May 21, 2012
Chinese company Wanda has announced it will buy AMC, the second-largest theater chain in the USA, increasing fears that the Chinese Communist Party is expanding its influence globally as part of a media takeover.
“Beijing is investing heavily in projecting its “soft power,” or cultural influence, by boosting Chinese state media’s presence abroad, including the USA, where the Chinese government has also run advertisements in New York’s Times Square,” reports USA Today.
Wanda’s acquisition of AMC increases concerns that Chinese-style censorship of politically controversial movies may become commonplace in the United States.
“We have no plan whatsoever to promote Chinese movies in the U.S. market,” said Wang Jianlin, Chairman and President of Wanda.
Billionaire Jianlin, the 15th richest person in China according to Forbes, is also a “Communist Party member, who sits on the nation’s top advisory council.”