Do shareholders know that The Walt Disney Company is engaged in a joint venture with the Chinese Communist Party that allows for the operation of the Shanghai Disney Resort? And it's not an equal split, by the way. Instead, the CCP has 57% ownership while Disney holds only 43% ownership.

As of 2026, the Chinese government does not own The Walt Disney Company, which is a U.S.-based publicly traded corporation. However, China holds significant ownership in specific ventures. In Shanghai Disney Resort, the Chinese government-owned Shanghai Shendi Group owns a 57% majority stake, while Disney owns 43%. In Hong Kong Disneyland, the Hong Kong government holds a 52% majority, with Disney owning 48%. These partnerships are required by Chinese law for foreign theme park operations. While China influences content through censorship and market access, it has no direct ownership or controlling interest in the global parent company, Disney, which remains largely owned by institutional investors like Vanguard and BlackRock.