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Chinese company buys AMC movie theater chain

lpast

lpast

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The Chinese are coming — to your local movie theater. With the fanfare from Superman, and toasts of red wine, representatives of Chinese company Wanda signed a deal in Beijing Monday morning to buy AMC, the second-largest theater chain in the USA.


If approved by U.S. and Chinese regulators, the $2.6 billion acquisition will create the world's largest theater group, the companies said. The move, China's biggest corporate takeover to date in the USA, highlights the rising financial strength of its top firms.

Thank you american corporations.


Chinese company buys AMC movie theater chain
 
Cut rate chairs that fall apart after you sit in them a few times, soda, popcorn and candy laced with strange chemicals and pro Chi-com messages edited into movies...what's not to love?
 
Hollywood. Communism. Sean Penn. Wen Jiabao.

Perfect match.
 
Erod said:
Hollywood. Communism. Sean Penn. Wen Jiabao.

Perfect match.
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Right and the Chinese are communist right?
This would prove that they are anything but communist.
 
TheDemSocialist said:
Right and the Chinese are communist right?
This would prove that they are anything but communist.
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But they have communist in thier name

Just like North Korea has Democratic in theirs,

So China is communist and North Korea is democratic
 
TheDemSocialist said:
Right and the Chinese are communist right?
This would prove that they are anything but communist.
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Globally, they are capitalists like no other. Internally, they are communist.

In other words, their people have to power whatsoever, which gives them unadultered free reign to do whatever they want with whatever resources they want. No pesky Bill of Rights or Constitution to contend with.

This is what the U.S. would like if Wal-mart was in the White House.
 
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Erod said:
Globally, they are capitalists like no other. Internally, they are communist.
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Uhhh nooo.... Internally they are state capitalist...

In other words, their people have to power whatsoever, which gives them unadultered free reign to do whatever they want with whatever resources they want. No pesky Bill of Rights or Constitution to contend with.
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Doesnt make you "commmunist". That makes you authoritarian. You can have a authoritarian like this you just described and be capitalist..


This is what the U.S. would like if Wal-mart was in the White House.
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Huh?
 
TheDemSocialist said:
Uhhh nooo.... Internally they are state capitalist...


Doesnt make you "commmunist". That makes you authoritarian. You can have a authoritarian like this you just described and be capitalist..



Huh?
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LOL, here you go!

kool1.jpg
 
TheDemSocialist said:
Have you seen how many privatized businesses are in China?
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I understand the difference between communism by definition, and what's going on in China. There has never been a truly communist country by definition.

I also understand that private ventures in China remain at the mercy of governmental whims, and that it comes at a tremendous expense of the lower end of the people, who are treated no better than animals. The government there still is completely immune to its people.
 
Erod said:
I understand the difference between communism by definition, and what's going on in China. There has never been a truly communist country by definition.

I also understand that private ventures in China remain at the mercy of governmental whims, and that it comes at a tremendous expense of the lower end of the people, who are treated no better than animals. The government there still is completely immune to its people.
Click to expand...

Well then they are not communist. Just an authoritarian state capitalist system.
 
TheDemSocialist said:
Well then they are not communist. Just an authoritarian state capitalist system.
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Which, by dismissing basic human rights within their borders, makes them impossible to compete with as a country that does recognize human rights.
 
Erod said:
I understand the difference between communism by definition, and what's going on in China. There has never been a truly communist country by definition.

I also understand that private ventures in China remain at the mercy of governmental whims, and that it comes at a tremendous expense of the lower end of the people, who are treated no better than animals. The government there still is completely immune to its people.
Click to expand...

And China has moved dramatically away from what it was like 30 years ago, to being a mixed economy (still with strong state ownership). It is as capitalist as many European countries are

What it is and was is authoritarian, which you can have in a capitalist or communist country
 
Erod said:
Which, by dismissing basic human rights within their borders, makes them impossible to compete with as a country that does recognize human rights.
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Not exactly... If we just recognized that they do not recognize human rights and not allow our private enterprises to take advantage of that for cheap labor and quick profit China could be cut off.
 
TheDemSocialist said:
Not exactly... If we just recognized that they do not recognize human rights and not allow our private enterprises to take advantage of that for cheap labor and quick profit China could be cut off.
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On that we can agree, although the stranglehold that unions place on manufacturing here make it often impossible to produce affordable products for everyday Americans.
 
Erod said:
On that we can agree, although the stranglehold that unions place on manufacturing here make it often impossible to produce affordable products for everyday Americans.
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I think the willingness to work for $3000 a year, rather then $40 000 a year is a bigger factor. I doubt many americans would work in a factory at $3000 a year, when they could work at Burger King for more, or heck just selling shoes would make them more money
 
I can imagine what the commercials will be now before the movie or even the coming attractions.
 
Erod said:
On that we can agree, although the stranglehold that unions place on manufacturing here make it often impossible to produce affordable products for everyday Americans.
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"there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions."
 
Erod said:
I understand the difference between communism by definition, and what's going on in China. There has never been a truly communist country by definition.

I also understand that private ventures in China remain at the mercy of governmental whims, and that it comes at a tremendous expense of the lower end of the people, who are treated no better than animals. The government there still is completely immune to its people.
Click to expand...
Cuba is probably the closest to true communism, and the former U.S.S.R. did a good job at it for a while as well.
 
lpast said:
The Chinese are coming — to your local movie theater. With the fanfare from Superman, and toasts of red wine, representatives of Chinese company Wanda signed a deal in Beijing Monday morning to buy AMC, the second-largest theater chain in the USA.


If approved by U.S. and Chinese regulators, the $2.6 billion acquisition will create the world's largest theater group, the companies said. The move, China's biggest corporate takeover to date in the USA, highlights the rising financial strength of its top firms.

Thank you american corporations.


Chinese company buys AMC movie theater chain
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This is foolish spending and a sign of immaturity. The Japanese pulled the same kind of bull**** (e.g., Pebble Beach Golf Resort), and failed.
 
Can we get them to buy Geece and Spain ?
 
ChuckBerry said:
Cut rate chairs that fall apart after you sit in them a few times, soda, popcorn and candy laced with strange chemicals and pro Chi-com messages edited into movies...what's not to love?
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Don't we already have these things? I mean, you ever read the ingredients on a box of M&M's?
 
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