Wanda Is Said to Face Funding Crackdown

Wanda Is Said to Face Funding Crackdown

Assessment

Interactive Video

Business, Social Studies, Physics, Science

University

Hard

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The video discusses the scrutiny of Wonder, a company led by Wang Jianlin, by Chinese authorities for breaching rules on overseas deals. Wonder, which started in property, has expanded into entertainment, becoming a major player in cinemas and theme parks. The Chinese government is clamping down on capital outflows and corporate debt, affecting Wonder's deals. Six deals are under scrutiny, with four completed but facing restrictions. Two pending deals lack government support. China's actions aim to control capital flows and maintain yuan stability ahead of a leadership reshuffle.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for Wanda being under scrutiny by Chinese authorities?

Wanda's involvement in domestic real estate

Wanda's lack of innovation in entertainment

Wanda's breach of rules regarding overseas deals

Wanda's failure to pay taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many of Wanda's deals under investigation have been completed?

None

Six

Four

Two

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What restriction is placed on Wanda's completed deals?

They can be sold to any Chinese company

They can be injected into any listed company in China

They can receive financing from domestic banks

They cannot receive capital from within China

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the status of the two pending deals by Wanda?

They will not receive government support or approvals

They are completed

They are awaiting foreign exchange approvals

They have government support

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What broader political context is influencing China's actions against Wanda?

A shift towards more liberal economic policies

An emphasis on domestic tourism

A leadership reshuffle and maintaining yuan stability

A focus on increasing foreign investments