Wanda sells off overseas assets amid cash crunch fears

Chinese property giant Dalian Wanda is selling off the majority of its overseas hotel and development projects as its overseas debt worries pile up, according to Bloomberg. A quarter of the company's $2 billion overseas debt is due in March.
Wanda sells off overseas assets amid cash crunch fears Wanda sells off overseas assets amid cash crunch fears Reviewed by Shahid Karimi on January 24, 2018 Rating: 5

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