Why Anbang’s fall should comfort investors into China

Back in November 2016, Chinese insurance maestro Wu Xiaohui, chairman of insurance upstart Anbang, had dinner a meal with Jared Kushner, son-in-law of US president-to-be Donald Trump. The two would've had plenty to talk about. Wu's Anbang had made a splash in the New York real estate world, where Kushner was also a big player, with the $1.95 billion purchase of the plush Waldorf Astoria Hotel. The purchase capped a meteoric rise for Wu and Anbang, founded in just 2004. Their fal…