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China seizes control of Anbang, chairman prosecuted

Friday, February 23, 2018 - 01:45

The Chinese government seizes control of Anbang Insurance and says its chairman has been prosecuted, a dramatic move that highlights Beijing's willingness to curtail big-spending conglomerates as it cracks down on financial risk. David Pollard reports.

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The Chinese government seizes control of Anbang Insurance and says its chairman has been prosecuted, a dramatic move that highlights Beijing's willingness to curtail big-spending conglomerates as it cracks down on financial risk. David Pollard reports.

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China seizes control of Anbang, chairman prosecuted

Friday, February 23, 2018 - 01:45