China’s Dalian Wanda, Suning Commerce sign cooperation deal
~!!~For Wanda Commercial, which expects to raise the total number of plazas to 135 by the end of the year from more than 100 now, Suning*s presence may provide a large commercial tenant with the potential to drive retail sales in a slowing economy//
~!!~**It*s a win~win for both sides,** Wang Jianlin, chairman of Dalian Wanda Group, Wanda Commercial*s controlling shareholder, said at the signing ceremony on Sunday//
~!!~Dalian Wanda Group, headed by China*s richest man, has been exiting some traditional businesses in a bid to become a fully diversified services~led conglomerate// It expects services revenue and profit to surpass property for the first time in 2016//