Both deals illustrate Tencent's special position in China. Already the country's largest social media and games company, it appears to have the power to do overseas deals in the supposedly taboo entertainment sector even as Wanda and others run up against regulatory barriers. Helping rescue Wanda Commercial Properties allows Tencent to play the role of good corporate citizen, keeping the business afloat and reassuring small investors. Cleaning up China's unwieldy and overblown financial system and managing stock markets has been a major policy of Chinese President Xi Jinping.