Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>
Shanghai Bulldozes Past Developer Lawsuit to Raze Golf Courses
Orient Golf Shanghai opened in 2003, just one year before the Chinese government passed a law banning construction of golf courses, and just in time to benefit from a golf boom fuelled by China’s newly wealthy business and political classes.