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Walt Disney Co. has said its next “Iron Man” movie will be co-produced with a Chinese partner and “Chinese elements” will be added to the story to increase its local appeal. DreamWorks Animation SKG Inc. unveiled a venture in March with three Chinese companies to make animated and live action material.

Wang said Wanda has applied to China’s government for a license to import movies, a right held now by two state-owned companies. But he said the AMC acquisition concerned only film exhibition, not production or distribution.

“We have no plans to promote Chinese films in the United States,” Wang said. “Mr. Lopez will decide what movies will be shown” in AMC theaters.

Wanda’s investment will allow AMC to speed up renovation of some cinemas and install more 3-D and IMAX technology, Lopez said.

Wang and Lopez said the two companies plan to share experience in the film business and will have executives from each country visit the other. Lopez said they have not made detailed plans about such things as a possible exchange of staff.

Lopez is to join the board of directors of Wanda’s cinema unit, while a Wanda executive will join AMC’s board, Wang said.

Wang said Wanda is considering more acquisitions abroad for its entertainment, hotel and retail units. He said it might try to buy into a global hotel brand or a hotel management company but gave no details.

“We want to be a big company, not just in China but in the world,” he said.