AMC is the second largest theater chain in the country and it owns around 22 percent of the movie theater screens in the country. And it has been sold to China’s Dalian Wanda Group.
China’s government has thrown considerable diplomatic and political resources during the past five years into building up Middle East ties. Lavish conferences have been sponsored across the country, ethnic festivals held to celebrate Chinese Muslims’ heritage, and trade delegations sent out from both sides, including two visits to Saudi Arabia by outgoing Chinese President Hu Jintao.
The state news agency in China, the official voice of the government, has called for the United States to quickly adopt stricter gun controls in the aftermath of the shooting rampage in Connecticut that left 28 people dead, including 20 schoolchildren.
“Their blood and tears demand no delay for U.S. gun control,” said the news agency, Xinhua.
In just five years, China has surpassed the United States as a trading partner for much of the world, including U.S. allies such as South Korea and Australia, according to an Associated Press analysis of trade data. As recently as 2006, the U.S. was the larger trading partner for 127 countries, versus just 70 for China. By last year the two had clearly traded places: 124 countries for China, 76 for the U.S.