Would there ever be a Shades of Green type Resort in Shanghai for over two million serving members of the Chinese People's Liberation Army?
old topic but I thought the majority owner is Shanghai Shendi Group
Googled and came up with
Shanghai Shendi (Group) Co., Ltd. is a 100% state-owned, joint venture investment holding company formed by three sponsors - Shanghai Lujiazui (Group) Co., Ltd., Shanghai Radio, Film and Television Development Co., Ltd., and Jinjiang International Group Holding Company.I guess that means we might yet see a Disney perks in Shanghai to the Chinese army?
The Party and State are not the single minded monolith of Western imagination. The ownership is held by Shanghai and not the Central Government. There was also a concerted effort through the 1990s to spin off the People’s Liberation Army’s commercial enterprises. Just last year, in response to the country’s debt issues, many state enterprises were reorganized to refocus on their various core competencies with real estate being a big area that many companies had wondered into.Googled and came up with
Shanghai Shendi (Group) Co., Ltd. is a 100% state-owned, joint venture investment holding company formed by three sponsors - Shanghai Lujiazui (Group) Co., Ltd., Shanghai Radio, Film and Television Development Co., Ltd., and Jinjiang International Group Holding Company.I guess that means we might yet see a Disney perks in Shanghai to the Chinese army?
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