NYTimes – Why Did China Detain Anbang’s Chairman? He Tested a Lot of Limits

Anbang’s aggressive investment strategy, coupled with its courting of the Jushner family, may have pushed the Chinese state to crack down as it seeks economic and political stability in advance of the twice-a-decade leadership reshuffle this fall.

June 14, 2017

‘Ever since Anbang Insurance Group bought the Waldorf Astoria hotel in New York nearly three years ago, the politically connected company has tested the mostly unwritten rules of the Chinese business world, ignoring regulators’ hints and wading into international controversies.

Now, with the detention by police of Anbang’s chairman, the biggest question is which potential transgression may have spurred Beijing to crack down.’

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