The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA
The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA

Chinese insurer Anbang’s hopes of Fidelity & Guaranty Life deal show mainland's growing appetite for US expansion

News about mainland company, which bought New York's Waldorf Astoria Hotel this year, follows sale of US presidential candidate Donald Trump's old school to another Chinese businessman

The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA
The Waldorf-Astoria hotel in New York was bought by China's Anbang Insurance Groupfor US$1.95 billion earlier this year. Photo: EPA
READ FULL ARTICLE