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Billionaire Wang Jianlin, chairman and president of Dalian Wanda Group Co., speaks during an event in Los Angeles, California, U.S., on Monday, Oct. 17, 2016. Wang unveiled subsidies worth more than $150 million a year to lure film makers to his new studio complex in China's coastal city of Qingdao. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Billionaire Wang Jianlin, chairman and president of Dalian Wanda Group Co., speaks during an event in Los Angeles, California, U.S., on Monday, Oct. 17, 2016. Wang unveiled subsidies worth more than $150 million a year to lure film makers to his new studio complex in China's coastal city of Qingdao. Photographer: Patrick T. Fallon/Bloomberg via Getty Images