http://www.bloomberg.com/news/articles/2016-05-24/billionaire-wang-says-disney-no-match-for-wanda-s-wolf-pack

Let's just hope that Disney don't run their theme parks, like they run their schools.

Joking aside, the Chinese elites probably don't like the fact that Disney can probably do a better job with 2 or 3 parks in prime locations than Wanda can with 20 odd parks serving every second nongtown. Disney parks in Shanghai and H.K can attract high spending tourists from all over Asia, we can't say the same about some shitty Wanda park. That main reason is that the foreign competitors have something that the Chinese imitators don't: IPR that is actually of real value. Even if the Chinese rip it off, they'll probably execute it poorly anyway.

Then again, I'm sure that Wanda can create some crappy imitation Captain America type character that protects China from the little Japanese devils in some kind of kids cartoon show, that will be quite a winner.