Anbang Insurance’s purchase of New York’s iconic Waldorf Astoria Hotel stunned many, but it’s only the tip of the Chinese outbound investment iceberg. In the first of our series on Chinese outbound investment, we take a look at the biggest real estate purchases made by Chinese companies.
Why earning a positional advantage is truly advantageous. In my last column I discussed how an inebriated citizen of Beijing surnamed Hou earned a 10,000-fold return through a positional advantage. Back in 2008 he bought the rights to a liquor brand name bearing a strong resemblance to Mo Yan, the winner of the recently-announced Nobel […]