A brief history of Chinese companies about to dominate the world
1.Wanda was projected to rule the world after purchasing iconic American companies AMC in 2012 and Smithfield in 2013, and vowing to beat Disneyland with its own theme parks. Today, 1/6

Wanda keeps selling assets to pay its debt for survival. AMC is at the brink of bankruptcy.
2. Anbang was projected to dominate the world after its assets grew by 360 times within 6 years and carried out a global buying spree including NYC’s iconic Waldorf Astoria. Today, 2/6

it has been dismantled by the government and its former CEO has been sentenced to 18 years in jail.
3. HNA Group, backed by the dreaded Wang Qishan (a.k.a. Chinese Himmler or Beria), was projected to dominate the world after spending $40 billion on global acquisitions 3/6

and become a major shareholder of Hilton Worldwide Holdings Inc. and Deutsche Bank AG in 2016. Today, it has been taken over by the gov due to its massive debt crisis. Its co-founder and co-chairman Wang was suspected to have been assassinated. 4/6

4. Huawei, regarded as its digital army by the Chinese government that is holding hostages to rescue a senior Huawei officer, is projected to control the world after its 5G leadership claim and buying prominent politicians around the world to lobby for it. 5/6

We may be able to see if Huawei will finally make it for the CCP in a few years.

P.S. Luckin was projected to replace Starbucks to dominate the coffee world after its astronomic growth last year. Today. it is regarded as a textbook version of Chinese corporate scam. 6/6