Wanda’s property business is no longer flying as high as it used, as sales growth drops. The group is also under scrutiny by Chinese banking regulators for capital outflows and being over leveraged. Photo: Simon Song

Wanda’s property business slows as it focuses on service sector

The group’s 56 billion yuan revenue in property business pales in comparison to those of its competitors

Topic |   China property

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Wanda’s property business is no longer flying as high as it used, as sales growth drops. The group is also under scrutiny by Chinese banking regulators for capital outflows and being over leveraged. Photo: Simon Song
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