China’s Shopping Spree In America

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LEGENDARY ENTERTAINMENT

The production company behind hits like Jurassic World was bought by the conglomerate Wanda Group for $3.5 billion this year, the largest deal ever between China and Hollywood.

FOR SALE

WALDORF ASTORIA

The iconic Art Deco hotel in New York City, operated for more than 60 years by Hilton, was purchased by the Chinese insurance firm Anbang for $2 billion in 2014.

SMITHFIELD FOODS

The Virginia-based pork giant, which processes 28 million hogs per year, was purchased by Chinese meat producer Shuanghui Holdings in 2013 for $4.7 billion.

MOTOROLA MOBILITY

The electronics manufacturer that invented the cell phone was bought by Google back in 2012, then off-loaded to Chinese tech giant Lenovo for $2.9 billion in 2014.