No 8 Dalian Wanda Group with operating revenue of 186.64 billion yuan

After snapping up high-end properties in Madrid and allocating nearly $1 billion to build a luxury hotel in Chicago earlier this year, Dalian Wanda Group Co Ltd, China's largest commercial property developer, has unveiled a plan to invest $1.2 billion to build a mixed-use development in Los Angeles that will help it make inroads into Hollywood.

Wang Jianlin, chairman of Wanda Group [Photo/IC]

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