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Chinese Govt. Takes Control Over U.S. Hotel Investor Anbang Insurance

Chinese Govt. Takes Control Over U.S. Hotel Investor Anbang Insurance

Waldorf-Astoria, New York China’s Insurance Regulatory Commission (CIRC) issued a statement saying it had taken control over Anbang Insurance Group Co. this morning possibly putting billions of dollars in luxury U.S. hotels up for grabs. Anbang went on a U.S. hotel buying spree in 2015 and 2016 spending more than [read more]
Source: CoStar Group, Inc. NewsPublished on 2018-02-23

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