Anbang Insurance bought New York's historic Waldorf Astoria hotel for almost US$2 billion last year. Photo: EPA

China's insurers could pump US$240 billion into global real estate

Loosened regulations for insurance companies could see them on buying spree in years ahead

Topic |   China Conference

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Anbang Insurance bought New York's historic Waldorf Astoria hotel for almost US$2 billion last year. Photo: EPA
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