News Life and Health05 Apr 2018

China:Govt approves US$10 bln bailout for Anbang

05 Apr 2018

China's banking and insurance regulator has approved a CNY60.8 billion (US$9.67 billion) capital injection for Anbang Insurance Group, owner of the Waldorf Astoria hotel in New York, according to a statement posted yesterday on the insurer's website.

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