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Explained - What assets does China own in US? | امریکہ میں چین کے کتنے اثاثے ملکیت ہے؟ | iFaces

Explained - What assets does China own in US? | امریکہ میں چین کے کتنے اثاثے ملکیت ہے؟ | iFaces Respected viewers aik aour new #informative_Videos ke saath jis ka title hai "QQQQQQQQQQ | iFaces" umeed hai ke #iFaces ki ye video bhi aap ko psand aaie gi. Thanks ---------------------------------------------- There was a tradition in the United States for decades that whenever the American president visited New York, he would stay at the Waldorf Astoria Hotel, but in 2014, President Obama refused to stay at this hotel citing security reasons. A Chinese company had bought this hotel for approximately 2 billion dollars. This is an example of China's extraordinary investment in America. China invests billions of dollars in the US annually, the most obvious examples of which are in New York, where the 60-story 28 Liberty Street Plaza in Manhattan's Financial District is also located, and Baccarat hotels are now owned by Chinese companies or citizens. Chinese investors also have stakes in the General Motors building. New York is famous for skyscrapers. In 2014, Bank of China bought a skyscraper in downtown New York for $600 million. The most prominent name among the investors in America is Chinese billionaire woman Yang belongs to Zen. His family bought 49 percent shares of the 44-story Park Avenue Plaza in 2011, while in 2013, Yang Zhen, along with some Chinese investors, bought 40 percent shares of the General Motors Building. In 2012, China's Dalian Wanda Group bought America's AMC Entertainment Company for $2.6 billion and became the world's largest cinema chain. Similarly, some Chinese investors bought the shares of Matt Damon's movie "Great Wall" Entertainment for 3.5 billion dollars. The largest investment by Chinese investors in America was made in 2016, which was 45 billion 600 million dollars, but from 2017, Chinese investment in America started to decrease. It was a time when the wealth and income of China and its citizens were increasing rapidly, but the pace of the country's development was beginning to slow down. Chinese investors fear that if this trend continues, the yuan may depreciate and the monetary value of their assets within China will decrease. So Chinese investors started buying assets outside of China. As the flow of money from Chinese bank accounts abroad increased, the Chinese government became concerned that the outflow of capital from the domestic economy would put pressure on the currency and devalue it. In addition to taking several measures to stem capital flight, the government began encouraging Chinese investors to bring their money back. The government focused on four large private business groups: HNA, Onbang Insurance, Fosun International and Dalian Wanda Group. At the beginning of this video I mentioned the Waldorf Astoria Hotel in New York, which was bought by China's Anbang Group, which has spent billions of dollars buying high-profile properties around the world. But in 2018, the Chinese government seized this company and arrested its chairman Which meant that the Waldorf Astoria Hotel was now owned by the Chinese government. Next comes Hainan Airlines or HNA Group which started as a small airline in 1993 but now the group is investing heavily in hoteling, tourism and real estate worldwide. In 2017, HNA was ranked as the 170th largest company in the world with an annual revenue of $50 billion. In the same year, HNA Group bought 100% shares of Radisson Hotels, which was sold to Jinjiang International Holdings a year later in 2018. In addition, HNA Group bought 245 Park Avenue Plaza in New York for $2.2 billion. It was the most expensive sale of an office building in New York history. The group also bought $6.5 billion worth of shares in Hilton Hotels and a three percent stake in Deutsche Bank. There are indications that companies taking capital abroad are being targeted by the Chinese government Facing pressure. According to the Wall Street Journal, China's Anbang Group has put up a luxury hotel worth 5.5 billion dollars for sale. Similarly, Reuters reported that HNA Group has expressed its intention to sell properties worth 11 billion dollars. The New York Post reported that Fosun International wants to sell its shares in 28 Liberty for $1.6 billion. On the other hand, the US also made foreign investment difficult by justifying national security. China's Alibaba Group also tried to buy MoneyGram, but the US government blocked the deal. HNA Group also learned... ---------------------------------------------- Video Title: Explained - What assets does China own in US? | امریکہ میں چین کے کتنے اثاثے ملکیت ہے؟ | iFaces ----------------------------------------------