Firm of China's richest man posts 1st revenue fall in 11 yrs
Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, saw its revenue fall for the first time in at least 11 years after a slump in its property business. Revenue for 2016 dropped by 13.9% against the previous year. It was also the first year that real estate's contribution to the firm's total revenue fell below 50%.