Bloomberg Businessweek

It’s Insurance. It’s an Investment. It’s Trouble

Chinese authorities put the squeeze on Anbang and its financial products

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

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