Overview
- China’s Xinhua news agency confirmed that Disney CEO Bob Iger met Vice Premier Ding Xuexiang in Beijing on Friday.
- Ding encouraged Disney to increase investment in China and highlighted plans to improve the business environment.
- Iger said Disney is confident in China’s development, will expand investment, and aims to promote bilateral exchanges.
- No new deals or policy changes were announced, with any talk of a second theme park described as speculation.
- Hollywood’s access to China remains constrained by an import cap of about 10 films a year as domestic films dominate the box office, while Disney continues to operate resorts in Shanghai and Hong Kong.