ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Wanda bets big on China's Northeast to propel recovery

Developer curries government favor with focus on lagging region

The Dalian Wanda Group is seeking to turn a new page after a difficult couple of years.   © Reuters

BEIJING -- Dalian Wanda Group is looking to invest up to 160 billion yuan ($23.2 billion) with a focus on China's less-developed Northeast region as efforts to streamline its finances wind down, though the aggressive campaign risks exposing the group to debt once again.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more