Renovation of the Waldorf-Astoria has been stalled since Wu Xiaohui, Anbang’s chairman, has been taken away by Chinese authorities for investigation. Photo: Reuters

China’s overseas acquirers export capital and leave a ‘black eye’ for others investing abroad

Bankers and analysts say Chinese investors need more localised services to help them navigate and avoid pitfalls in overseas markets

Topic |   Mergers & Acquisitions

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Renovation of the Waldorf-Astoria has been stalled since Wu Xiaohui, Anbang’s chairman, has been taken away by Chinese authorities for investigation. Photo: Reuters
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