The making of a Chinese giant: HNA Group

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The Wall St Journal has tried to shine a spotlight on the murky – but massive – HNA Group. The Chinese conglomerate is big in cargo (among other things), with stakes in many entities, including airports, cargo airlines and Swissport. Its logistics and transport businesses bring in $15bn, while the group holds assets worth $178bn. Its spending spree has slowed, however, although the company said it would not stop altogether, despite the Chinese government’s plan to stop too much money ...