The NYRB China Archive
03.02.18
The Brands That Kowtow to China
from New York Review of Books
There’s been no joking as the apologies to China have come thick and fast in recent weeks, issued not by teenage singers but by some of the largest and richest multinational corporations in the world—the German luxury car manufacturer Daimler, the...
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07.10.17China’s Wanda Signals Retreat on Debt-Fueled Acquisition Binge
New York Times
The Chinese conglomerate Dalian Wanda Group has epitomized the country’s high-flying deal makers, building a vast global empire of theme parks, real estate developments, and movie theaters across the United States.
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10.21.15
The Last Days of the 6 RMB Hotel
from Tencent QQ
Beginning in 1981 when it opened its doors in the Chinese city of Wuxi in Jiangsu province, the Big Paddy’s Edge Inn attracted some of the city’s most colorful characters. The inn’s proprietor, Gu Qimei, charged a rock-bottom nightly fee of 6 RMB—or...
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06.19.15State Department Stays Quiet About Exit from Chinese-Owned Waldorf Astoria
Guardian
UN general assembly will be held at different hotel for first time in decades.
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10.06.14Waldorf Astoria NY hotel sold to China’s Anbang for $1.95bn
Financial Times
The sale allows the companies to “finally maximise the full value of this iconic asset on a full city block in midtown Manhattan,” said Christopher Nassetta, chief executive of Hilton Worldwide.
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01.27.14China's Deluxed Hotels: Modern Sumptuary Laws
Economist
The new humility of both officials and hotels is a response to Xi's campaign against lavish spending.
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01.23.14Amid China’s Anti-Extravagance Sweep
Wall Street Journal
Chinese hotels are downgrading to attract business from officials who are limited by “morality” campaigns.
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12.03.12Soft Power: China's Wanda Eyes U.S. Hotel, Movie Deals
Reuters
Wanda, the world's No 1 movie theater owner, is planning a $10 billion spending spree to make Hollywood film co-productions and buy and build hotels in U.S. cities.
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11.20.12China WIll Build the Tallest Building in the World in Just 90 Days
Gizmodo
Sky City and its 2,749 feet distributed over 220 floors will grow in just 90 days in Changsha city, at the rate of five floors per day.