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Dalian Wanda returns to growth, opening new shopping malls

Chinese developer shrugs off debts with bet on property, cinema business

Dalian Wanda opened a new wing at its Wanda Plaza commercial complex in Shanghai in late September, as it looks to grow its way out of debt. (Photo by Shin Watanabe)

DALIAN -- Heavily indebted commercial property developer Dalian Wanda Group is again growing its two main business: building huge malls to satisfy the wants of Chinese shoppers, and keeping them entertained in shiny new movie theaters.

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