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Kushner met with Chinese magnate days after election

Jared Kushner met with a Chinese real estate magnate days just after the presidential election to discuss his family’s property holdings — but is now extricating himself from the family business, a report said Saturday.

President-elect Trump’s son-in-law hobnobbed with Wu Xiaohui, Anbang Insurance Group CEO, at the Waldorf Astoria on Nov. 16. They talked about plans to redevelop the Kushner family-owned 41-story office and retail tower at 666 Fifth Ave., the New York Times reported.

Wu, who owns the Waldorf, toasted Trump and said he hoped to meet the president-elect because he would be “good for global business,” according to the report.

The mysterious Chinese conglomerate with $285 billion in assets has drawn scrutiny from Wall Street firms and federal agencies for its byzantine ownership structure and ties to the Chinese government.





Kushner, 36, now appears to be clearing out potential business conflicts as he eyes a top role in the Trump White House.

He hired Washington firm WilmerHale to help him comply with federal ethics laws and avoid conflicts of interest if he takes a job in the Trump administration. Attorneys told him federal anti-nepotism provisions may not apply to White House posts because the White House is not considered an agency, the report said.

Kushner is moving toward divesting his assets in his company, whose acquisitions have been backed by billions of dollars in foreign investments, and is preparing to step down as CEO of Kushner Companies, the report said.

Kushner’s influence in the president-elect’s circle has grown immensely since the election.

Trump Transition officials have told the Obama administration that foreign policy matters must be relayed through Kushner, according to the Times. When the Chinese ambassador complained to the White House about Trump’s conversation with the Taiwanese president in December, the White House notified Kushner first, the report said.

When contacted by The Post, a rep for Kushner declined comment.





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