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China’s Anbang Insurance has global ambitions and unusually shadowy ownership connections back home

2 months ago
Sky Canaves
group of 39 obscure companies control Anbang Insurance Group, a conglomerate with $295 billion in assets. Many of the roughly 100 individuals associated with these firms hail from the hometown of Anbang's chairman, Wu Xiaohui, and are related to him or his wife, a granddaughter of Deng Xiaoping.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.

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