Wanda Is Said to Face Funding Crackdown

Wanda Is Said to Face Funding Crackdown

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Interactive Video

Business, Social Studies, Physics, Science

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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the restrictions placed on Wonder regarding its assets in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the upcoming leadership reshuffle in China in relation to capital outflows?

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