How a China state insurance boss slept with a cache of gold bars

Scandal-plagued Wang Bin reeled in China's financial elite to create vast riches

20220218 Caixin Wang Bin RC194C12C010

Wang Bin allegedly reaped enormous illegal gains, including a cache of gold bars found at his home. © Reuters

WANG DUAN, WEI YIYANG, WU YUJIAN, YU NING and HAN WEI, Caixin

In the heart of Causeway Bay, the busy commercial hub in downtown Hong Kong, the 26-story China Taiping Tower was named for China Taiping Insurance Group in 2010 when it served as the state-owned insurer's global headquarters.

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