China’s Wanda Signals Retreat in Debt-Fueled Acquisition Binge

BEIJING — A year ago, the Chinese billionaire Wang Jianlin declared the dominance of his vast entertainment empire, Dalian Wanda Group, boasting that his theme parks were a “pack of wolves” that would defeat the lone “tiger” of Disney’s Shanghai resort. Now, Mr.

from Pocket http://ift.tt/2u2CtVN
via IFTTT

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s