The Global Economy

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OBR250
INDIVIDUAL ASSIGNMENT
BONING QI
153530167
2017 06 13
Professor Nancy
The one of most famous and powerful diversified enterprises in
China
Dalian Wanda was established in 1988 in Dalian of China, Jianlin Wang he is CEO of
the company. Dalian is a middle city in northeast of China and Wanda is a private
enterprise.
Basic information of Wanda: (Wanda’s number) the asset is 3800 hundred
million RMB and annual income are 1866 hundred million RMB. It already open 88
Wanda plaza and 55 five stars hotels and 78department stores and 84 KTV in China.
The core of enterprise. Wanda’s business contain four parts: commercial real estate,
Hotel, cultural tourism and department stores.
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A great goal in the future. The CEO Jianlin Wang make a target in 2017 that
make
asset 5000 hundred million RMB and annual income are 3000 hundred million RMB
The development of Wanda: International process
From 2007 to 2016, these years they have business transformation. Wanda stats to
transform from commercial real estate to cultural
Business. Wanda merger and acquisition AMC with 26 hundred million Dollars. It be
The biggest theater operators in the world. Wanda also start to build amusement park
So that it look forward compete with Disney. These actions are significant target for
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