Anbang chief Wu blocked from leaving China: FT
Chinese authorities have prevented Wu Xiaohui, head of acquisitive
insurer Anbang, from leaving the country, the Financial Times
(FT) reported today.
Wu has led the company's efforts to expand its overseas
asset base and made $6bn in deals last year alone, the paper
said.
The FT cited four sources in saying Wu has been barred
from leaving China, while a company spokesman has denied the
story.
The newspaper noted that personal travel restrictions often
accompany official probes of the people...
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