China tycoon falls from grace

Published: May 15, 2018, 4 a.m.

b'Wu Xiaohui, one of China\\u2019s best known tycoon\\u2019s, has been sentenced to 18 years in prison for financial fraud, cementing the downfall of the one-time car salesman who catapulted himself to the pinnacle of global high finance over the past decade. Arash Massoudi talks to the FT\\u2019s Henny Sender and Don Weinland about what led to the former Anbang chairman\\u2019s fall from grace and what will become of the business empire he controlled - including New York\\u2019s Waldorf Astoria.


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