Anbang's Wu steps aside amid detention reports
Anbang chairman Wu Xiaohui has delegated his authority at the
giant Chinese insurer to other executives because of "personal
reasons" in what may indicate the executive has been
officially detained, according to multiple reports citing a
statement from the company.
The statement came less than a day after a major publication in
China, Caijing, said that Wu had been detained by
officials. But the report, which indicated Wu was under
investigation, was removed from the publication's website
within
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