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
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