From shopping malls to warehousing and logistics companies, a wave of deals by foreign funds in China is injecting liquidity into a property sector scarred by years of struggle. Several Wanda Plazas – the sprawling mixed-use developments that were once the flagship assets of tycoon Wang Jianlin’s Dalian Wanda Group – received fresh capital injections from global asset manager PAG in June and July. The cash-strapped developer has been forced to offload properties to repay debt. Such deals,...