Comment on China may be eager to sell Waldorf Astoria after seizing control

China may be eager to sell Waldorf Astoria after seizing control

The Chinese government just took control of the Waldorf Astoria — but it doesn’t seem to be interested in revamping the lobby or improving the room service. Industry insiders say Beijing looks eager to unload the Park Avenue landmark after seizing it on Friday from Anbang, a free-spending insurance conglomerate, whose chairman Wu Xiaohui is...

 

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