Wang Sicong, the high-profile son of one of China’s richest men, has been added to a list of people in danger of being branded a “defaulter” over the 150 million yuan ($21.39 million) that he owes creditors.
On Monday, the Beijing No. 2 Intermediate People’s Court put Wang, the son of tycoon Wang Jianlin, the billionaire founder of Dalian Wanda Group Co. Ltd., on a list of people “subject to enforcement action,” according to information from a governmental disclosure database (link in Chinese).
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