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Fosun fosters global ambitions, but has plan to reduce debt

By Reuters in Lisbon | China Daily | Updated: 2016-05-19 08:30

Fosun Group, China's largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also has a "clear plan" to reduce its debts, chairman and co-founder Guo Guangchang said.

In an exclusive interview with Reuters on Tuesday, Guo said his group - which up to now has largely targeted companies in developed markets - was also turning its focus to investment opportunities in emerging markets.

Guo also said things were "back to normal" following an incident in December when he was briefly reported missing, with Fosun's president saying Guo was helping police with an investigation.

Fosun fosters global ambitions, but has plan to reduce debt

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