HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.
China's Dalian Wanda Group Says 2017 Revenue Down 10.8 Percent
Reuters: Business News, Reuters: Business
Sat, 01/20/2018 - 4:26am
BING NEWS:
- China’s property problems appear poised to improve, but can ‘much more risky’ real estate still drive economic growth?
with Evergrande Group at the centre of the crisis. Property development ground to a halt, and local governments struggled to cope with a sharp drop in revenue due to weak land sales. The crisis ...
07/30/2023 - 4:32 pm | View Link - More
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