[LouisVanDerWright]

^^^ When you are dealing with hundreds of millions of dollars, any agreement is going to be essentially airtight. Everyone busts their asses getting together a very refined set of documents outlining exactly what they want in the transaction and then all the money is basically put into escrow that no one can touch without the approval of all other parties except for the approved uses (construction payments to contractors). The money is disbursed when the bank/title inspectors go out to the property and see X% is completed. Other than that there is basically a zero percent chance Wanda can get out of the deal unless someone buys their stake from them exactly how it is, meaning the new owners get no rights beyond the exact rights outlined for Wanda in the original agreement. The only real way a deal a this stage could have issues is if the contractor somehow fails or embezzles money or something like that. Seeing as the contractor is McHugh that seems very very very unlikely.


The Chinese want their money back because they accumulated $4 trillion in USD reserves after the recession by printing their own currency and buying all the dollars we were printing during the crash. They had to do this or the value of their currency would have soared making Chinese exports to the US too expensive for Americans to buy (we increased the supply of dollars making them less valuable, so they also increased the supply of Yuan and used them to buy Dollars and take them off the market, thus inflating the price of the dollar). The problem with this strategy is that when the US has to start unwinding the expansionary monetary policy (i.e. stop printing dollars and start destroying them) the reverse must happen. The reverse of that is of course that the Chinese must now start unloading their USD cash horde or the value of their currency will collapse, which is also not good.

So, since 2015, Chinese foreign currency reserves have plunged from over $4 trillion to under $3 trillion. The problem is when the government does that it also encourages private actors to do that which basically manifested itself in the form of guys like Wang going around and buying as many foreign assets as possible. This has started to cause concern in China as it is basically widespread capital flight, essentially money leaving the country en masse. Beijing, being a hardline centralized state, has reacted by essentially trying to ban capital fight, i.e. grabbing the CEO of Wanda as he tried to high tail it overseas where he could easily live out his days as essentially a state fugitive with billions of dollars in hotels and movie theaters that the Chinese government can't touch. This is also the same pressure that has been driving Bitcoin, Chinese citizens are now only allowed to move $50,000 a year overseas, so a lot of them have been using cryptos to exchange Yuan for cryptos in China, take the cryptos out of China, and trade them for Dollars, viola! You got your money out and you only had to pay a 5-10% fee to launder it.