For years, Wang Jianlin was one of the most powerful businessmen in China. His Wanda Group expanded from property development into entertainment, finance, tourism, sports, and global acquisitions, making him China’s richest man and one of the world’s most influential entrepreneurs.
But within less than a decade, Wanda’s fortunes dramatically reversed.
In this episode, we trace Wang Jianlin’s extraordinary rise from a local property developer in Dalian to the architect of a global business empire. We examine the financing model behind Wanda’s rapid expansion, the political and economic environment that fueled its growth, and the series of events that ultimately placed the company under immense financial pressure.
More than the story of one businessman, this is a story about power, debt, policy shifts, and the changing relationship between private enterprise and the state in modern China.
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