China's global hotel shopping spree is back on

April 28, 2016 10:12 AM

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Chinese companies' hunger for global hotel chains isn't going away.

A group led by the Chinese insurer Anbang mysteriously dropped out of the bidding for Starwood Hotels & Resorts last month, but another major deal has just been announced.

Also read: BAT in $47 billion offer for rest of Reynolds

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