Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Key Moments

  • Disney CEO Bob Iger met with Chinese Vice Premier Ding Xuexiang in Beijing, according to state news agency Xinhua.
  • Iger said Disney will continue increasing its investment in China, while Ding welcomed additional capital from Disney and other foreign firms.
  • His visit followed the breakout success of “Zootopia 2,” which became China’s highest-grossing Hollywood import with more than $600 million in box office revenue.

Strategic Meeting in Beijing

Walt Disney Company (NYSE: DIS) Chief Executive Officer Bob Iger held talks with Chinese Vice Premier Ding Xuexiang in Beijing on Friday, according to a report from state news agency Xinhua.

During the meeting, Iger said Disney will continue to expand its investment footprint in China. Xuexiang, for his part, expressed receptiveness to greater investment from Disney and other overseas companies, Xinhua reported.

Box Office Success Drives Momentum

Iger’s trip took place shortly after Disney’s “Zootopia 2” became the top-grossing Hollywood import in China. The film has generated more than $600 million in ticket sales since its release on November 26.

The sequel overtook the previous benchmark set by Disney’s “Avengers: Endgame,” and has also been linked to robust merchandise sales for the company in the market.

FilmMilestone in ChinaAdditional Notes
“Zootopia 2”Highest-grossing Hollywood importBox office exceeds $600 million since November 26 release
“Avengers: Endgame”Former record holder for Hollywood importsSurpassed by “Zootopia 2”

China’s Role in Disney’s Film Portfolio

China remains a key destination for family-oriented Hollywood films, even as the country maintains a quota limiting the number of foreign movie releases each year. Disney’s Marvel titles and animated productions have proven especially popular with Chinese audiences.

However, the report noted that a prolonged trade dispute with Washington had partially dampened this strong performance through 2025.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: USD/CAD trading outlook for Wednesday (November 2nd 2016)Forex Market: USD/CAD trading outlook for Wednesday (November 2nd 2016) Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3353-1.3427. The pair closed at 1.3390, edging down 0.14% compared to Mondays close. It has been the 177th drop in the past 372 trading days. The daily low has been an […]
  • Rheinmetall, Krauss-Maffei Wegmann to upgrade 143 Puma vehicles for GermanyRheinmetall, Krauss-Maffei Wegmann to upgrade 143 Puma vehicles for Germany Rheinmetall and Krauss-Maffei Wegmann said on Wednesday that they had received an order from Germany's army to upgrade 143 Puma infantry fighting vehicles.The order was valued at nearly EUR 770 million, the companies said.Under the […]
  • Versus Systems appoints new Chief Executive OfficerVersus Systems appoints new Chief Executive Officer Versus Systems Inc (NASDAQ: VS) said on Friday that it had appointed Luis Goldner as its next Chief Executive Officer, effective immediately.Goldner is to succeed Curtis Wolfe, who served as interim CEO.Luis Goldner is a member of the […]
  • Spot Silver eases from 2-week high, slips below $38Spot Silver eases from 2-week high, slips below $38 Spot Silver pulled back from a 2-week high of $38.50 on Monday, as easing geopolitical tensions surrounding the war in Ukraine weighed on the metal’s safe-haven appeal.US President Donald Trump said on Friday he would meet Russia’s […]
  • Forex Market: EUR/GBP trading forecast for MondayForex Market: EUR/GBP trading forecast for Monday Friday’s trade saw EUR/GBP within the range of 0.7820-0.7885. The pair closed at 0.7830, losing 0.67% on a daily basis and 0.56% for the whole week.FundamentalsEuro zoneManufacturing dataSpanish Manufacturing Purchasing […]
  • USD/CHF on session highs ahead of US reportsUSD/CHF on session highs ahead of US reports US dollar edged higher and traded close to session highs against the Swiss franc on Tuesday, as investors were focusing on the US retail sales report later in the day.USD/CHF touched its highest point during the day at 0.9300 at 11:26 GMT, […]