Property News · December 14, 2018

Wanda to build a US$1.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on ‘red tourism’


Wanda Group, the property and theme park conglomerate built by former People’s Liberation Army officer Wang Jianlin, will spend 12 billion yuan (US$1.74 billion) to build a theme park in the Communist Party’s revolutionary birthplace Yan’an to cash in on the growing trend of so-called “red tourism”.
The theme park, in the loess plateau of Shaanxi province near Gansu and Shanxi, will feature shopping malls, indoor parks, theatres and hotels built in the style of the…

Source : South China Morning Post
Read more…Wanda to build a US.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on ‘red tourism’

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