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Chuck Schumer Latest to Weigh in on China’s Hollywood Invasion

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News video: Chuck Schumer Latest to Weigh in on China’s Hollywood InvasionSoon-to-be Senate Minority Leader Chuck Schumer is the latest Washington insider to take aim at Dalian Wanda Group, sending a letter Wednesday to two government regulators calling for increased scrutiny of the Chinese conglomerate that’s been splashing cash in Hollywood by the billion. Schumer wrote that Wanda’s recent acquisitions, such as its $3.5 billion purchase of Legendary Entertainment in January, “reflect the strategic goals of China’s government” and called for further review by the Committee on Foreign Investment in the United States.

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