FILE PHOTO: A logo of Wanda Group is seen at a Wanda Group and China Union Pay joint news conference in Beijing, China, March 2, 2017. REUTERS/Thomas Peter/File Photo
BEIJING (Reuters) - China's Dalian Wanda Group, controlled by the country's richest man Wang Jianlin, has signed a deal to sponsor races with the world's top organizer, Abbott World Marathon Majors (WMM), the latest move by Wanda to expand its global sports business.
Wanda's sports division and WMM on Wednesday signed a deal that will see Wanda hold three WMM races in the Asia-Pacific region in the next ten years, including a race in China.
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