Wanda has beaten more than 10 bidders to win the site at 9900 Wilshire Boulevard. Photo: AFP
Wanda’s first Beverly Hills adventure won’t be last for Chinese developers
Developer's move may set precedent for its Chinese peers to enter the US commercial property market amid fierce rivalry at home
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Chinese offshore investment
Wanda has beaten more than 10 bidders to win the site at 9900 Wilshire Boulevard. Photo: AFP