China's big spenders go into reverse

But Anbang suffers more than most as Beijing squeezes debt-laden groups to cut borrowings

20180130_Anbang Insurance

The headquarters building of Anbang Insurance Group in Beijing

HENNY SENDER, Nikkei Asian Review Columnist

Wu Xiaohui, the now disgraced founder of Anbang Insurance, was in New York about a year ago on a nerve-racking mission to raise money.

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