China asks Anbang to sell its assets abroad

August 17, 2017

The Chinese authorities have asked the local insurance giant Anbang to sell its assets abroad, as they are considered excessive.
Despite these injunctions, the group does not expect, for the moment, to relieve itself of its foreign affairs.

It should be noted that the Chinese government has been fighting for some time, against the flight of acquisitions of assets abroad, a phenomenon that pulls down the Yuan.

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