Anbang Seizure Part of New Policy To Stop Money Flowing Out Of China |
March 01, 2018 | March 2018 Bond Updates |
China started the Chinese New Year by seizing the troubled Anbang Insurance Group, saying it was because the company's former chief was being prosecuted for economic crimes, but China watchers say it's part of a new policy to prevent money from flowing out of the country via foreign investments. |
View more at: https://www.forbes.com/sites/lcarrel/2018/02/28/china-starts-chinese-new-year-by-seizing-anbang/?ss=markets |
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