Chinawood: City of Qingdao In China Slated To Become Far East Version of Hollywood
China's richest man plans to spend 50 billion yuan ($8.2 billion) to build the country's version of Hollywood in the northeastern city of Qingdao.
In a glitzy, star-studded red carpet event on Sunday, Wang Jianlin said his company, Dalian Wanda Group, will build a state of the art film...
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