CHICAGO | St. Regis Chicago (Vista) | 1,191 FT | 101 FLOORS

[ithakas]

Originally Posted by munchymunch

Wanda's stock has fallen almost 50% since June.

http://www.bloomberg.com/quote/3699:HK

To be fair there stock was pretty high then.

My understanding of the Chinese economy is admittedly basic, but I thought major reasons for Chinese investment in foreign real estate included the unstable nature of their stock market, their preference for investing in real estate, and the fact that they've overbuilt in their own country? That would make Wanda's decision to break ground on their first major development in the US more prescient.