Waldorf-Astoria
Chinese Investment in the United States to Double
| Charissa Echavez | | Apr 12, 2016 02:19 PM EDT |
China's direct investment in the United States is on track to hit a $30 billion mark this year, according to a study conducted by research firm Rhodium Group and the National Committee on US-China Relations.
China's Anbang Insurance to Acquire Blackstone's Strategic Hotels & Resorts Inc. for $6.5 Billion
| Charissa Echavez | | Mar 14, 2016 09:45 AM EDT |
China's Anbang Insurance Group has proposed a deal to acquire Strategic Hotels & Resorts Inc. for $6.5 billion - just three months after the private firm Blackstone Group LP bought the luxury hotels for $4 billion.
Waldorf-Astoria Sale to Chinese Firm Still Held Up by U.S. Over Security Concerns
| Dan Weisman | | Nov 18, 2014 07:39 AM EST |
Although Hilton Worldwide Holdings Inc. (HLT.N) last month announced a nearly $2 billion deal to sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company, the deal is still in limbo.
U.S. Reviews Sale of Waldorf Astoria to Chinese Company
| Ren Benavidez | | Oct 15, 2014 12:31 AM EDT |
The U.S. government is reviewing the sale of the Waldorf Astoria to a Chinese firm amid concerns about possible security risks.
Humble Vegetable Vendor Donates $330,000 to Charity, Puts Tuhao to Shame
| Michael A. Katz | | Oct 11, 2014 07:10 PM EDT |
Amid the surging conspicuous wealth and luxury of modern China, 63-year old vegetable vendor Chen Shu Chu has put the nouveau riche to shame by donating $330,000 to charity.
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