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Embattled Chinese Billionaire Wang Jianlin Scrambles To Avoid Default With Asset Sale - Vimarsana News

Embattled Chinese Billionaire Wang Jianlin Scrambles To Avoid Default With Asset Sale

Dalian Wanda Group is selling a 49% stake in Beijing Investment to Hong Kong-listed gaming and film company China Ruyi for 2.26 billion yuan ($31 million).

Source: forbes.com