7 U.S. Companies You Didn’t Know Were Owned By China

Image By Andreas Praefcke From commons.wikimedia.org

AMC

Founded in 1920 by Maurice, Edward, and Barney Dubinsky, AMC has the largest share of the U.S. theater market ahead of Cineworld and Cinemark Theatres making it the largest movie theater chain not just in the United States but the world. AMC has bought up plenty of other theater chains in its 100 years, amassing 385 theaters with 5,128 screens in six different countries, however, in 2012, it would be AMC’s turn to be taken over.

The chain would be purchased by the Dalian Wanda Group for $2.6 billion as the Chinese businessman Wang Jianlin who runs the group has long had a fascination with Hollywood and is far from new to the game as his group is China’s largest film distributor and as of January 2018, Wanda Cinema has 525 cinemas with 4648 screens across the world.

This wouldn’t be the group’s only foray into Hollywood as in 2016, they would add a studio to their portfolio, more on that on the next page. They would also spend $1.2 billion on acquiring Carmike Cinemas to bolster its presence in the American entertainment industry. They wouldn’t have it entirely their own way.

In the same year they bought Carmike Cinemas and the production company we will be discussing next, they would also try and purchase a large chunk of Paramount Pictures. Paramount’s parent company Viacom, would roundly reject the deal despite the money that was being thrown at them.

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9 thoughts on “7 U.S. Companies You Didn’t Know Were Owned By China”

  1. Back in the early 1970’s I was working for a local variety store chain as a receiving clerk in Tacoma Washington. At that time we were getting coupon book ad shipments from China in shipping containers. I know from personal experience that China has been using the United States for many years now. (November 2021)

  2. Barbara A Perkins

    This is crazy, China will just walk right into America and take over without a shot. We have a lame brain President who is in bed with China. He and his son owe china BIG TIME. We are in a country that is on the downslide, thanks to Biden. People need to get back to church and God and start standing up against this regime that is destroying out wonderful nation. The press gives Biden a pass every time he messes up, what a joke. Trump was a ten times better President. Our Republicans better start standing up for the American people or we will definitely be a Communist Nation. Nancy Pelosi, Chuck Schumer, AOC, etc. all have to go, including the idiot Cheyney and Romney, both of them are communists.

    1. You are a Republican shill. You only care about your Orange Dictator. He spews lies and you repeat them. Get lost. We are alive and well and coming after him! He will have a jump suit to match his hair color.

  3. More stupidity by greed driven U.S. Corporations who sell their souls, & ours, to our enemies for a few pieces of silver. The U.S. politicians also, who approve this treason, think ahead two to five years whereas the Chinese plan one hundred to five hundred years ahead to achieve their world domination.

  4. Downside because of Biden ? The whole country went down in 10 months ?
    Donny Bonespurs loves these authoritarian leaders.
    If Bunkerboy or somebody like him (Desantis) gets elected you’ll never have another presidential election again.

  5. This is very scary. We as a country are being “hoist on our own petard” as they used to say. It meant blown up by our own bomb. Pretty close to what’s happening in they rest of our “currently” free country. Our open society and first Amendment have permitted this to happen. If we do not change our policy at the highest level it will continue and the United States will no longer exist as we know it.

  6. If you remember, the last thing done by president Richard Nixon before he quit in order to avoid impeachment, was to fly to China to sign a trade agreement
    Our country has been on the sorry end of that agreement ever since. This was done to destroy the American worker unions and enhance corporate profits by using cheap Chinese labor. I avoid buying anything made in China, which in many cases is difficult to do.

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