Deals
Wanda Walks Away From London Land Purchase Amid China Scrutiny
- Chinese group ends plans to buy 10-acre Nine Elms land plot
- Move comes amid mounting Chinese scrutiny of overseas deals
Wanda Ends Plans to Buy Nine Elms Square Land
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Billionaire Wang Jianlin’s Dalian Wanda Group Co. scrapped plans to buy a land plot in London for 470 million pounds ($606 million) amid the Chinese government’s intensifying scrutiny of overseas investments.