With Jail Sentences and Corporate Flameouts, China Is Tackling its Debt

Alexandra Stevenson
New York Times
A Shanghai court imprisoned a tycoon who used a mountain of debt to buy the Waldorf Astoria hotel.

An Anbang-Linked Revolutionary Heir Dies in China. Speculation Begins.

Josh Chin and Eva Dou
Wall Street Journal
The sudden death of a revolutionary scion linked to troubled Chinese insurer Anbang Insurance Group Co. is reverberating through China’s battered private business community.

Conversation

08.03.17

As China Reins in Capital, What Next for Global Trade?

Yu Zhou & Peter Knaack
China’s Communist Party and its leader, Xi Jinping, are tightening controls on overseas spending by the country’s biggest companies and their highly visible billionaire CEOs. The Wall Street Journal reported recently that Xi personally signed off on...

Anbang Chairman’s Detention Underlines China Business Risks

Tom Mitchell, Henny Sender, Gabriel...
Financial Times
Wu Xiaohui was targeted by insurance regulator and anti-corruption investigators.

China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner

Michael Forsythe, Alexandra Stevenson
New York Times
Wu Xiaohui, the chairman of Anbang Insurance Group, was taken away on Friday in Beijing, according to Caijing, a respected newsmagazine. In a statement early Wednesday morning in China, the company said that Mr. Wu was “for personal reasons no...

Billionaire Anbang Boss Prevented from Leaving China

Financial Times
Acquisitive insurer sees plans stymied by financial controls and political infighting.

Anbang, Chinese Company with Global Reach, Faces New Scrutiny

New York Times
Wu Xiaohui, the Chinese tycoon who was in failed talks with President Trump’s son-in-law, Jared Kushner, to buy into a skyscraper project in Manhattan, is fighting allegations of financial chicanery and has threatened to sue a Chinese magazine that...

Kushner Family, China’s Anbang End Talks over Manhattan Real Estate Deal

Rob Schmitz
NPR
The family of President Trump’s son-in-law and adviser, Jared Kushner, has called off talks with Chinese insurance company Anbang to redevelop a Manhattan office tower—a deal that raised ethical concerns.

China's Ever-Expanding U.S. Footprint

Jonanthan Berr
CBS News
A group of investors including China's Anbang Insurance Co. announced an unsolicited $14 billion offer for Starwood Hotels...