It's Insurance. It's an Investment. It's Trouble

摘要

Outside China, Anbang Insurance Group Co. has been best known for its high-profile deals. It acquired New York's iconic Waldorf Astoria hotel, made an aborted bid for Starwood Hotels & Resorts Worldwide Inc., and in March pulled out of talks for a real estate deal with a company owned by the family of Jared Kushner. Now it's also notable for the recent detention for questioning by the Chinese government of its chairman, Wu Xiaohui. Anbang has said Wu can't perform his duties for personal reasons.