Who Owns Anbang of China? A U.S. Labor Union Wants to Know.
The company, which owns the Waldorf Astoria hotel in New York
and spent more than $6 billion for a collection of luxury hotels across the United States last year, is also under scrutiny for being among one of China’s "gray rhinos" – heavily indebted companies that could pose a threat to the Chinese economy.
The union — which represents more than 1,000 workers at Anbang’s Westin St. Francis hotel in San Francisco, the Loews Santa Monica hotel in California and the Fairmont Chicago hotel — had asked Anbang and its hotel operators for
that information as well as for documents related to potential condominium conversions of hotels in May.
The union, Unite Here, said in a statement on Thursday
that it had filed federal unfair labor practice charges against Anbang and three hotels it owns in the United States for failing to comply with its request for information on the company’s ownership and sources of financing.
Mr. Wu — who married a granddaughter of Deng Xiaoping, China’s paramount leader in the 1980s — met Jared Kushner, Mr.
Trump’s son-in-law, in November in a bid to buy a stake in a Manhattan office building partly owned by the Kushners.
11, 2017
BEIJING — To the growing list of entities questioning the ownership of Anbang Insurance
Group, the Chinese financial conglomerate, add one more: an American hotel union.
Kurt Petersen said that By filing these federal charges, we’re asking the National Labor Relations Board to compel disclosure,
