Deals
The Chinese Dealmaker Following Buffett's Lead
- Company has recently agreed to buy 16 luxury U.S. resorts
- Anbang has links to some of China's most powerful families
Anbang Is on a Hotel Buying Spree
This article is for subscribers only.
He is the would-be Buffett of Beijing: the man out to build a Berkshire Hathaway Inc. of China.
In just over a decade, Wu Xiaohui has transformed his company, Anbang Insurance Group Co., from an obscure player in China’s insurance industry into a juggernaut with global ambitions.