Wanda opens $8bn 'Chinese Hollywood' with little star power

Group clings to vision of global film production hub despite debt pressure

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Qingdao Movie Metropolis is meant to be the crown jewel of Chinese tycoon Wang Jianlin's empire.

NIKKI SUN, Nikkei staff writer

QINGDAO, China -- Dalian Wanda Group has opened a nearly $8 billion movie studio and entertainment complex with a fresh vow to turn the quiet coastal site into China's answer to Hollywood.

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