China's Anbang gets rebrand after government takeover

Posted by Aktis Team on 11 July 2019

The Chinese government has announced the acquisition of Dajia Insurance - formerly known as Anbang Insurance. The takeover happened as part of the campaign aiming at deleveraging financial system by eradicating the systematic risks.  

The Financial Times,Lucy Hornby and Archie Zhang, July 11th 2019

 

Topics: News Watch, Asia