Bloomberg Tencent Holdings Ltd. is leading the acquisition of 14 percent of billionaire Wang Jianlin’s Wanda Commercial Properties Co. for $5.4 billion, a deal that will begin the target company’s retreat from real estate development. Online mall JD.com Inc., Sunac China Holdings Ltd. and Suning Commerce Group Co.—a retailer backed by e-commerce giant Alibaba Group Holding Ltd.— will also take ...

Bloomberg The sun never sets on China’s trade and infrastructure ambitions. With the addition of the Arctic and Latin America, Chinese President Xi Jinping’s signature Belt and Road Initiative has become truly global. Only the US, its neighbour Canada and ally Japan have yet to be included in the plan, which seeks to build or upgrade a network of highways, ...

Bloomberg UK Prime Minister Theresa May is fighting on multiple fronts as critics inside her governing Conservative Party threaten to upend her plans for Brexit and even her premiership. May’s party is split over how to leave the European Union as time runs out for finalizing the UK’s policy. Opponents of retaining EU trade rules after a divorce want her ...