In what is thought to be the Middle Kingdom’s second-largest property deal ever, Wang Jianlin’s Dalian Wanda Group said today it is selling 76 hotels and 91% of 13 tourism projects to developer Sunac China for $9.3B. While Wanda did not give a reason for the sale, Wang told Chinese financial daily Caixin that funds…

Disney got the OK to break ground on the $5.5B Shanghai Disney Resort just a little over five years ago. Today, the “authentically Disney, distinctly Chinese” park opened under rainy skies and following much anticipation. This is the first Disney resort in mainland China, and its 6th worldwide. Under a partnership…

Following word on Friday that Apple’s iTunes services had been shut down in China, it’s emerged that The Walt Disney Company’s DisneyLife platform may also be a casualty of the nascent Regulation for the Management of Online Publishing Services. The new law — part of a tightening of control over online content — took…

Disney CEO Bob Iger said in November that Shanghai Disney Resort would open “next spring” — and the June 16 date it announced today just barely makes the deadline. The entertainment giant and its partner, Shanghai Shendi Group — which owns 57% of the park — says that customers will begin to visit on that date…

Disney Chairman and CEO Bob Iger today provided a closer look at what's in store at the Shanghai Disney Resort which is due to open in spring 2016. Divvied into six themed worlds, the $5.5B Middle Kingdom park will include attractions based on Star Wars, the Marvel universe and Pirates Of The Caribbean, among others…