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Sensitive hotel sector under Chinese government control now

1.3.2018

Beijing. The Chinese government is putting an end to the shopping spree in overseas markets. Since last week, Beijing has taken control over Anbang Insurance Group and is keen to sell assets. Facing serious debt burdens, competitors HNA and Dalian Wanda are also getting rid of certain assets. Since yesterday, the "sensitive" hotel sector will be restricted.

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No longer a deluge but still a flood

7.9.2017

Hamburg/Beijing. "The reports of my death are greatly exaggerated", Mark Twain is supposed to have quipped, reacting to some fake news... That appears also to be the case for the Outbound Foreign Direct Investment of Chinese companies. Prof Dr Wolfgang Arlt, author of our column and our editorial expert for China, has his own opinion on this topic after more than 30 years of experience with Chinese business partners: Despite the investment stop, China's multi-billion investors will not be stopped.

Restricted

24.8.2017

Beijing. Irrational outbound investment in hotels, real estate, entertainment, and sports clubs are over for aggressive Chinese dealmakers whose acquisition strategy is now restricted by local authorities' new investment policies. HNA, Anbang, Fosun, etc. are now limited in their moves which raises concerns abroad regarding their due payments and further ongoing acquisitions. Will HNA be able to actually buy Rezidor's remaining shares as it is compelled to? Nothing is sure at this point. The company needs to make decisions and "big brother" is watching.