Lu Zhiqiang's company may replace this modest building at 163 Front St. in Manhattan with one of the tallest towers in that area. (Photo: Allison Bell/LHP)
BEIJING—Lu Zhiqiang, the head of the Beijing-based company that has agreed to pay cash for Genworth Financial, has had decades of experience with complicated projects that involve delicate negotiations with government officials. That is according to an article written by GlobeSt.com's sister publication Life Health Pro.
The articles says that securities analysts on a conference call Monday asked executives from Richmond, VA-based Genworth Financial about how they would get a major component of the deal approved by Delaware insurance regulators.
Lu, the chairman of China Oceanwide Holdings Group Co. Ltd., has gotten big real-estate development deals approved by the government of China.
Lu is a member of the standing committee of the 12th Chinese People's Political Consultative Conference. The consultative conference, which advises the government of China on policy, has no current ability to pass legislation but it has great prestige, and it has been described as being the Chinese equivalent of the U.S. Senate.
Lu is also vice president of the China Non-Governmental Chamber of Commerce.
Check out the full article at LifeHealthPro.com
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
