The area of Nine Elms is currently being transformed by developers from all corners of the world. The new American Embassy is in the course of construction, and the Dutch Embassy will relocate nearby, Malaysia’s biggest developer, S.P. Setia, is converting iconic Battersea Power Station, and China’s biggest developer, Dalian Wanda, is to build London’s tallest residential tower. There are hints that other embassies, including the Chinese Embassy currently in Portland Place, may relocate here too.
The BBC tells the story well here.
And China’s Dalian Wanda is busy in Chicago too:-