Chinese Authorities Target Major Overseas Acquirers

Chinese Authorities Target Major Overseas Acquirers

Fan Yu  |  Epoch Times Wanda, Fosun, HNA, and Anbang in regulators’ crosshairs China’s biggest foreign asset purchases are in the crosshairs of Chinese regulators, amidst a Xi Jinping-led effort to root out corruption, reduce money laundering, and curb excessive risk-taking within China’s financial sector. The China Banking Regulatory Commission (CBRC) last week asked state-controlled […]