Turning up the heat on China’s recent buying spree in Hollywood, a House subcommittee chairman has asked the Justice Department to review entertainment industry acquisitions by Dalian Wanda Group Co. In a letter on Thursday, Rep. John Culberson (R-Texas) singled out Wang Jianlin, chairman of the Chinese conglomerate, saying his recent takeovers of U.S. entertainment companies have the potential to encourage “foreign propaganda...

Source: Wall Street Journal October 06, 2016 23:26 UTC