Tag: Hony Capital

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Economy

Will China Repeat Japan’s 1980s Foreign Real Estate Bust?

The Waldorf-Astoria hotel is now in Chinese hands.
The Waldorf-Astoria hotel is now in Chinese hands. cogito ergo imago

The recent purchase of the Waldorf Astoria by a Chinese company recalls Japanese companies’ buying sprees 30 years ago. And that didn’t end well.

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