King’s Choice: Case of Wanda Group’s Strategy and Overseas Development

2012 for the real estate business is a crucial year. Affected by the downturn in the domestic market as well as factors such as policy control, Chinese real estate companies began to shift its strategic focus. Chinas first-line real estate companies, such as the Country Garden, Vanke, Greenland Grou...

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Bibliographic Details
Main Authors: Tian He, Xiaohan Hu
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://rassweb.org/admin/pages/ResearchPapers/Paper%204_1495914638.pdf
Description
Summary:2012 for the real estate business is a crucial year. Affected by the downturn in the domestic market as well as factors such as policy control, Chinese real estate companies began to shift its strategic focus. Chinas first-line real estate companies, such as the Country Garden, Vanke, Greenland Group, Wantong, Poly and so on, have set plans for overseas real estate. In 2012, Wanda proposed ten-year strategic development goals. According to the layout, Wanda would implement the cross-border development and become a multinational corporation. This article will analyze the reasons, process and strategies for Wanda’s overseas investment. Asset-light and international brand’s building will be emphasized. Wanda, Real estate, Overseas investment, Asset-light, International brand