Posted inChina, Shanghai

Wanda unveils US$15 billion tourism project for Xian

Chinese conglomerate Dalian Wanda Group plans to spend 103 billion yuan (US$14.99 billion) on a tourism-focused development and 19 shopping malls in the northwestern province of Shaanxi, home to the terracotta warriors. The strategic cooperation agreement, signed with the Shaanxi government this week, follows the earlier announcement by Wanda of a similar US$14.7 billion project in […]