With Jail Sentences and Corporate Flameouts, China Is Tackling its Debt
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.
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.
Anbang Chairman’s Detention Underlines China Business Risks
Wu Xiaohui was targeted by insurance regulator and anti-corruption investigators.
China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner
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
Acquisitive insurer sees plans stymied by financial controls and political infighting.
Anbang, Chinese Company with Global Reach, Faces New Scrutiny
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...
Kushner Family, China’s Anbang End Talks over Manhattan Real Estate Deal
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
A group of investors including China's Anbang Insurance Co. announced an unsolicited $14 billion offer for Starwood Hotels.