"The Chinese company, Anbang Insurance Group, has been on a buying spree in the U.S. and Europe. They already acquired the famous Waldorf Astoria in New York, the Blackstone group of Hotels (Marriott, Renaissance) and they purchased Fidelity and Guaranty Life Insurance.Anbang’s Chairman, Wu Xiaohui, is married to the granddaughter of China’s former leader Deng Xiaoping and one of its directors is the son of a Communist Revolution-era top general. With their command economy, the Communist Chinese routinely direct so-called “private” companies and their actions."
No comments:
Post a Comment