Hong Kong-based private equity firm PAG is leading an $8.3 billion deal for a 60% stake in China's largest shopping mall operator, from Dalian Wanda. Why it matters: Dalian Wanda is gasping for ...

Once regarded as a shopping icon among locals, the old-fashioned department store gradually lost its sheen when new shopping malls mushroomed ... Sichuan province and Dalian of Liaoning province ...

People browse for goods at a mall in Dalian, Liaoning province, on Feb 2, 2025, as the city embraces the festive spirit of Spring Festival. [Photo by Zou Hong/chinadaily.com.cn] Shopping centers ...