In the news: Anbang Insurance buys the Waldorf-Astoria, NDRC bias analysed and private biodiesel companies sue SOEs

This week Hilton sold the iconic New York hotel for US$1.95 billion to a Chinese insurance company, the NDRC's anti-foreigner bias was discussed, a biodiesel dispute put the market in the spotlight and winners celebrated the 2014 CLP Awards

6 minute read October 10, 2014 at 08:21 AM

clpstaff and clp articles

Hilton sells Waldorf-Astoria New York to Anbang Insurance

Hilton Worldwide Holdings is selling the landmark Waldorf-Astoria hotel to a Chinese insurance company, highlighting the growing trend of Chinese investors purchasing US real estate.

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