Wednesday, June 14, 2017

China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner


The chairman of a Chinese financial conglomerate who tried to forge a business relationship with President Trump’s son-in-law has been detained by police. Wu Xiaohui, the chairman of Anbang Insurance Group, was taken away on Friday in Beijing, according to Caijing, a respected newsmagazine. In a statement early Wednesday morning in China, the company said that Mr. Wu was “for personal reasons no longer able to perform his duties.”

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