Beijing cracks down on financial giant Anbang to protect rights and interests of consumers

Wu Xiaohui who married the grand-daughter of former leader, Deng Xiaoping, was long thought to be one of the most politically-connected men in China. Beijing has cracked down on insurance and financial giant Anbang, taking control of the conglomerate and prosecuting the firm's head. Wu Xiaohui, who was already detained by authorities last June, is to face prosecution for "economic crimes".

Beijing cracks down on financial giant Anbang to protect rights and interests of consumers Beijing cracks down on financial giant Anbang to protect rights and interests of consumers Reviewed by Shahid Karimi on February 26, 2018 Rating: 5

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