Wanda Group chairman Wang Jianlin was forced to sell his property empire to rivals at a knockdown price of US$9.3 billion in July. Photo: Photo: Reuters

China relaxes leash on Wanda, allowing its unit to issue offshore bond to raise capital

Wanda Group, controlled by billionaire Wang Jianlin, has been granted permission to proceed with an offshore bond issue in Hong Kong, suggesting a thaw in its relations with mainland authorities

Topic |   China property

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Wanda Group chairman Wang Jianlin was forced to sell his property empire to rivals at a knockdown price of US$9.3 billion in July. Photo: Photo: Reuters
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