My thought as well and before they went capitalistic I am fairly sure they were a dictatorship with one of the little "hello my name is" stickers on their shirt that say "hi I am communist".
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The problem isn't so much with China OWNING the theater but using it for their "soft propaganda" machine, this is what the story is about more than anything else.
Actually the Fed owns most of our shit (debt) to the tune of 1.88 Trillion dollars. China owns a mear 1.16 Trillion and isn't really loaning anymore.
And as one of my good clients who frequents China a lot said, don't fool yourself, they are very much Capitalists.
And of course whoever work there is chinese, right?
And the Sales Tax you pay on your ticket, will finance a chinese school....
I have no problem with the foreign ownership of companies/corporation as long as the jobs stay here and benefit the local economy.
of course you dont care, you are a foreigner.