Snapshots

China: The Political Side to Beijing's Insurance Takeover

Feb 23, 2018 | 21:55 GMT

China's insurance regulator announced on Feb. 23 plans to assume temporary control of the embattled Anbang Insurance Group, which is struggling to repay investors following its massive global buying spree. China's Insurance Regulatory Commission and other regulators will establish a working group to operate the $310 billion conglomerate -- the...

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