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

Topic |   Chinese offshore investment

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Wanda has beaten more than 10 bidders to win the site at 9900 Wilshire Boulevard. Photo: AFP
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