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Wu Xiaohui, Chairman of Anbang

Former boss of Anbang Insurance Group sentenced to 18 years in prison for fraud

Anbang, which has links to the Chinese government, owns the famed Waldorf Astoria Hotel in New York City. Anbang also negotiated a $4 billion property deal with Jared Kushner's family-owned company.

China just had a ‘Black Monday’

A new government agency is making the financial sector queasy in China.