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wu xiaohui

Did Anbang Just Secretly Spend $1.6B to Buy a Canadian Hotel Chain?

wu xiaohui

2016/05/25 by Bruce Haring Leave a Comment

After withdrawing its $14 billion bid for Starwood Hotels & Resorts on April Fools’ Day, China’s Anbang Insurance Group has apparently moved on to acquire a hotel group in Canada, as what appears to be an affiliate of the mainland… Read More>>

After withdrawing its $14 billion bid for Starwood Hotels & Resorts on April Fools' Day, China’s Anbang Insurance … Read more>>>

Greenland Centre Sydney

Greenland Sydney Project Loses Builder, Chinese Developer Promises to Keep Schedule

Greenland Centre Sydney

2016/05/24 by Michael Cole Leave a Comment

Shanghai’s Greenland Group has parted ways with the builder hired to construct the A$700 million ($501 million) Greenland Centre Sydney with work on the 235-metre tower scheduled to start this month.

The state-run Chinese developer and Brookfield Multiplex this week… Read More>>

Shanghai’s Greenland Group has parted ways with the builder hired to construct the A$700 million ($501 million) … Read more>>>

Jho Low Paris Hilton

Greenland NYC Deal Tied to Key Figure in Malaysia’s 1MDB Scandal

Jho Low Paris Hilton

2016/05/23 by Bruce Haring Leave a Comment

The latest New York deal by China’s Greenland Group took a new twist last week when it was revealed that the mainland mega-developer bought its 41 percent stake in Manhattan’s Park Lane Hotel from Jynwel Capital, a company controlled by… Read More>>

The latest New York deal by China's Greenland Group took a new twist last week when it was revealed that the mainland … Read more>>>

Xinhua Cites Spectre of Money Laundering After Chinese Student Buys $24M Vancouver Mansion

2016/05/23 by Guo Chen Leave a Comment

The growing wave of overseas property purchases by Chinese nationals could fuel money laundering, Chinese state media has warned, after it emerged recently that a Chinese student reportedly bought a C$31 million ($23.5 million) mansion in Canada.

In an unusually… Read More>>

The growing wave of overseas property purchases by Chinese nationals could fuel money laundering, Chinese state media … Read more>>>

Wang Shi Vanke

Vanke Invests in $200 Mil Seattle Apartment Tower

Wang Shi Vanke

2016/05/19 by Bruce Haring Leave a Comment

China Vanke, the mainland’s largest residential developer, has agreed to invest in a project to develop a apartment complex near Seattle, Washington’s famed Space Needle.

The $200 million joint venture deal with California-based Laconia Development marks Vanke’s first foray into… Read More>>

China Vanke, the mainland’s largest residential developer, has agreed to invest in a project to develop a apartment … Read more>>>

Chinese in NYC

Beijing Storefronts Now Selling the American Dream and Golf

Chinese in NYC

2016/05/18 by Guo Chen Leave a Comment

For many rich residents in the neighbourhood of Shuangjing near Beijing’s central business district, South Carolina is not far away.

Decorated with transparent glass and maroon-coloured signs, USA City Exhibition, situated on a bustling, narrow street corner flanked by high-end… Read More>>

For many rich residents in the neighbourhood of Shuangjing near Beijing’s central business district, South Carolina is … Read more>>>

One57

Are Chinese Buyers Bringing Down NYC’s Billionaire’s Row?

One57

2016/05/16 by Bruce Haring Leave a Comment

Hard times have been hitting New York’s “Billionaire’s Row” – aka 57th Street from Park Avenue to Columbus Circle in Manhattan, with sales at luxury condo projects along the exclusive strip of Manhattan real estate disappointing in 2016, after years… Read More>>

Hard times have been hitting New York's "Billionaire's Row" – aka 57th Street from Park Avenue to Columbus Circle in … Read more>>>

Steve Witkoff Shanghai

Is Witkoff Telling Shanghai’s Greenland Group to Prepare for a Storm in NYC?

Steve Witkoff Shanghai

2016/05/15 by Bruce Haring 1 Comment

China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, that’s a parsing of statements from its main partner on the project, who recently reiterated his conviction that sales are … Read More>>

China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, … Read more>>>

ronda-rousey-tb

China’s Wanda Said Bidding Against Blackstone to Acquire UFC for $4B

ronda-rousey-tb

2016/05/11 by Michael Cole Leave a Comment

Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning back kicks as China’s richest man is reportedly bidding against US alternative investment giant the Blackstone Group, and two other companies… Read More>>

Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning … Read more>>>

Wu Xiaohui Anbang

Chinese Govt Investigating Anbang Following Failed $14B Starwood Bid

Wu Xiaohui Anbang

2016/05/10 by Guo Chen Leave a Comment

Anbang Insurance’s abrupt and unexplained withdrawal from a $14 billion bid for Starwood Hotels and Resorts last month came as a surprise for many observers who had tracked the sudden rise of the privately held mainland firm.

Now the China… Read More>>

Anbang Insurance’s abrupt and unexplained withdrawal from a $14 billion bid for Starwood Hotels and Resorts last month … Read more>>>

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