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China Life Insurance Invests in Starwood Capital Invests

Starwood Capital Offloads Stake in $2 Billion Hotel Portfolio to China Life Insurance

Girish Shetti   | Oct 20, 2016 11:22 PM EDT

US Private investment firm Starwood Capital Group announced on Tuesday that it offloaded a stake in a roughly $2 billion portfolio in US hotels to a consortium led by China Life Insurance Co. Ltd.

Didi Chuxing

Didi Chuxing: Uber Rival Raises $600 Million from China Life Insurance

Rina S.   | Jun 13, 2016 06:40 AM EDT

Chinese ride-sharing and ride-hailing app Didi Chuxing announced an infusion of $600 million from China Life Insurance Co Ltd, which also holds a stake in Didi Chuxing's rival and American multinational Uber.

China Insurance

Chinese Insurers To Spend US$240bn In Global Properties

Marcel Woo   | Mar 14, 2016 06:29 AM EDT

Insurance companies in China are expected to raise their allocations for global property investments in the coming years, boosted by the rapid development of the country's insurance sector.

Citigroup Sells China Guangfa Bank Stake

Citi Sells Stake in China Guangfa Bank for US$3bn

Marcel Woo   | Mar 01, 2016 02:41 AM EST

Citigroup, an American multinational investment banking and financial services corporation, has sold its 20 percent stake in China Guangfa Bank for US$3 billion, joining a list of western banks that have pulled out from investments in China's banking sector.

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Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison

China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article

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