from Reuters: Business News http://ift.tt/2CelFjs
China seizes control of Anbang Insurance as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd and said its chairman had been prosecuted, a dramatic move that highlights Beijing's willingness to curtail big-spending conglomerates as it cracks down on financial risk.
from Reuters: Business News http://ift.tt/2CelFjs
from Reuters: Business News http://ift.tt/2CelFjs
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By LIAM STACK from NYT Magazine https://ift.tt/2FNPp6k
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