News Analysis Universal Studios inaugurated a resort in Beijing on Sept. 20, after a two-decade wait, amid concerns over the Chinese Communist Party’s (CCP) influence on the Western entertainment industry. The CCP aims to create a positive image of itself by influencing Hollywood through large investments and the potential of entering, or being restricted from, the massive Chinese market. NBCUniversal’s Universal Parks & Resorts holds a minority stake of 30 percent in the project. Five state-run companies own the remaining majority through the Beijing Shouhuan Cultural Tourism Investment Company. The resort—Universal’s largest and its fifth globally—is the first major resort for Beijing, while other major Chinese cities like Shanghai and Hong Kong already have Disney resorts. Comcast CEO Brian Roberts said during a Q3 Earnings Call in 2017 that Universal Beijing’s revenue could be “well over $1 billion in operating cash flow” per year. The project was originally put forward …