SUBSCRIBERS

China's Wanda to scale back construction in smaller cities

Published Thu, Mar 24, 2016 · 09:50 PM
Share this article.

Hong Kong

CHINA'S biggest commercial property developer, Dalian Wanda Commercial Properties Co Ltd, on Thursday said it would scale back investment and construction in small cities due to oversupply.

The property arm of Dalian Wanda Group, owned by China's richest man, Wang Jianlin, said that it would stop land purchases…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here