Tongcheng beefs up its hotel management, as Wanda buys more time
China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
Dalian Wanda digs its way out of rubble of failed property management IPO
The former real estate titan is negotiating new terms with pre-IPO investors after its Zhuhai Wanda property management unit missed a 2023 deadline to list in Hong Kong Key Takeaways:…
CHINA BULLETIN: PMI Readings Signal Strong End to 2023
In this week’s issue New Year’s travel bounces back, Wanda sells off shopping malls and a top influencer topples a CEO. On a scale of 1 to 100, we give…
CHINA BULLETIN: Yuan on the Comeback Trail
In this week’s issue the yuan bounces back, a lifeline for developers and a livestreamer confirms its CEO’s arrest. On a scale of 1 to 100, we give the week…
CHINA BULLETIN: Next Stop, Deflation
In this week’s issue China slips into deflation, Chinese tour groups return to U.S. and a major property developer defaults. On a scale of 1 to 100, we give the…
