Wang Jianlin, China’s richest man, has warned president-elect Donald Trump that thousands of employees might lose their jobs if curbs on Chinese investments are pursued in the U.S.
Wang made his remarks while speaking to Chris Dodd, chairman of the Motion Picture Associate of America, who asked him what he wanted to tell Trump.
The CEO of Dalian Wanda Group said at the China Entrepreneur Annual Meeting on Saturday:
“I met with the President of Motion Picture Association of America who said he wants to meet with Mr. Trump and asked me what message I would like delivered. I told him to tell Mr. Trump that I have ten billion dollars of investments in the United States and more than 20,000 employees there who wouldn’t have anything to eat should things be handled poorly, and nothing else mattered.”
Wang also stressed the value of the Chinese market in the entertainment sector, where he earns:
“At least in the film and television industry, you must understand that the growth of English films depends on the Chinese market.”
Wang’s line of U.S. businesses currently includes AMC Theater, Legendary Entertainment LLC and Dick Clark Productions Inc.
The chairman’s comments follow U.S. lawmakers’ pushing for more scrutiny on Chinese investments in the country. He looks forward to hearing from the president-elect, telling CNN, “I think we need to wait until after Mr. Trump takes office to see what his attitude is toward Chinese entertainment companies.”