{"id":102275,"date":"2018-12-14T14:06:15","date_gmt":"2018-12-14T07:06:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-to-build-a-us1-74-billion-theme-park-in-the-cradle-of-the-chinese-communist-revolution-to-cash-in-on-red-tourism\/"},"modified":"2018-12-14T15:03:31","modified_gmt":"2018-12-14T08:03:31","slug":"wanda-to-build-a-us1-74-billion-theme-park-in-the-cradle-of-the-chinese-communist-revolution-to-cash-in-on-red-tourism","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-to-build-a-us1-74-billion-theme-park-in-the-cradle-of-the-chinese-communist-revolution-to-cash-in-on-red-tourism\/","title":{"rendered":"Wanda to build a US$1.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on \u2018red tourism\u2019"},"content":{"rendered":"


\nWanda Group, the property and theme park conglomerate built by former People\u2019s Liberation Army officer Wang Jianlin, will spend 12 billion yuan (US$1.74 billion) to build a theme park in the Communist Party\u2019s revolutionary birthplace Yan\u2019an to cash in on the growing trend of so-called \u201cred tourism\u201d.
\nThe 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…
\n
\nSource : South China Morning Post
\nRead more…Wanda to build a US.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on \u2018red tourism\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wanda Group, the property and theme park conglomerate built by former People\u2019s Liberation Army officer...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102275","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qBB","jetpack-related-posts":[{"id":60300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-sells-most-of-wanda-hotel-and-tourism-portfolio-to-rival-magnate-for-us9-3-billion\/","url_meta":{"origin":102275,"position":0},"title":"Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion","date":"July 10, 2017","format":false,"excerpt":"\r Wanda Group, one of China\u2019s most aggressive overseas asset buyers of recent years, has announced the disposal of the majority of magnate Wang Jianlin\u2019s hotel and tourism portfolio to a rival, in the country\u2019s biggest single property transaction, as it raises funds to repay loans. Wanda will sell 76\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-the-worlds-a-stage-wanda-group-extends-theatre-empire-for-1-2bn\/","url_meta":{"origin":102275,"position":1},"title":"All the world\u2019s a stage: Wanda Group extends theatre empire for $1.2bn","date":"July 19, 2016","format":false,"excerpt":"\r China\u2019s biggest developer is diversifying beyond real estate and into\u2026movies Odeon cinema on London\u2019s Shaftsbury Avenue. Image credit: Ewan Munro (Flickr) Real estate, a core business of China\u2019s Dalian Wanda Group, may have to share centre stage with filmmaking and distribution. As the Financial Times writes, China\u2019s wealthiest man\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-deal-gives-sunac-plenty-of-room-to-expand\/","url_meta":{"origin":102275,"position":2},"title":"Wanda deal gives Sunac plenty of room to expand","date":"July 11, 2017","format":false,"excerpt":"\r Sunac China said its US$9.3 billion acquisition of hotels and tourism projects from Dalian Wanda Group will give it 50 million square metres of saleable stock for expanding its property empire. Sunac, the seventh-largest Chinese homebuilder, founded by Shanxi tycoon Sun Hongbin, saw its share price jump as much\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":102275,"position":3},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes\/","url_meta":{"origin":102275,"position":4},"title":"Chinese magnate Sun Hongbin says his 15 billion yuan LeEco bailout brought tears to his eyes","date":"September 1, 2017","format":false,"excerpt":"\r Sun Hongbin is nothing if not indefatigable. The real estate magnate, exonerated from a four-year jail sentence for embezzlement, sprang back to build Sunac China over a decade into one of the country\u2019s most aggressive asset buyers and biggest property developers. Sunac bought more than a dozen theme parks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager\/","url_meta":{"origin":102275,"position":5},"title":"Wanda Hotel\u2019s shares soar on Wang Jianlin\u2019s plan to turn it into a hotel and theme park manager","date":"August 10, 2017","format":false,"excerpt":"\r Chinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and 13 theme parks to pursue what he calls an \u201casset light\u201d business model, has injected the management and operations of his erstwhile assets into one of his Hong Kong affiliates, as he rearranges his\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102275"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102275"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102275\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}