China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows

Key Points

Chinese videostreaming platform iQiyi said Thursday it plans to open its first theme park this year, based on characters from its own shows.
The forthcoming “iQiyi Land” is set to open in the city of Yangzhou in Jiangsu province, just over two hours from Shanghai by high-speed train.
Legoland is opening its first China resort in Shanghai this summer, while Warner Bros. Discovery last month announced it is developing a “Harry Potter Studio Tour” in Shanghai with a projected opening of 2027.

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Finance

Airbus, AstraZeneca and HSBC executives join UK’s Starmer on high-stakes China trip

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Key Points Starmer brings nearly 60 business and cultural groups on first U.K. leader visit to China in eight years. Talks with Xi and Li focus on trade, investment and national security. Visit follows a surge of foreign leaders engaging Beijing amid global tensions. Source

Finance

Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low

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Finance

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