Sentences with phrase «businesses holding concession»

Not exact matches

The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.

You may assume that because of this lofty position of power they hold in the industry, AMC might want to set a good example by exhibiting movies in the best possible quality in an attempt to lure more customers; after all, attendance is declining and while theaters make the majority of their money in concessions, humans are still a necessary component of their business model.