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Tuesday, August 1, 2017

New York’s Waldorf Owner Pressured to Sell as China Clampdown Escalates

When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the world took notice. It was a defining moment in the global rise of China Inc., a deal that would help …

from News – Insurance Journal http://ift.tt/2hkj0eq
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