Chinese investments in the U.S. in Q2 were below the nearly $2.6 billion logged by RCA in Q1, when Beijing-based Anbang Insurance Group bought the iconic Waldorf Astoria Hotel in New York from Hilton Worldwide Holdings ( HLT ) for a record-breaking $1.95 billion.
owned_by: Waldorf Astoria Hotel, Anbang Insurance Group; product_or_material_produced: Hilton Worldwide, Hotel