Mysterious Document Is Latest Blow for Dalian Wanda


China’s leaders are pushing regulators and bankers to address the problems. President Xi Jinping in recent days convened top officials in Beijing for a conference on financial reform, calling for limits on corporate indebtedness that is steadily rising.

The mysterious document that went viral, before being blocked by Chinese censors, appeared to be a cellphone photo of the first page of an internal document from the Agricultural Bank of China. The document described two supposed meetings about Dalian Wanda, one involving a National Development and Reform Commission official, Zheng Chiping, and the other with China Banking Regulatory Commission officials.

The bank, the document said, was told by regulators that it was forbidden to lend to six of Wanda’s overseas acquisitions even if those ventures ran into difficulty raising money…



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