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Business / Companies

There's more to Anbang story than just meets the eye

By Li Xiang (China Daily) Updated: 2015-02-03 07:44

Lloyds of London building

Chinese insurerPing An Insurance (Group) Co of China Ltd bought the Lloyds of London building for 260 million pounds ($387 million) from a German fund managed by Commerz Real in July 2013 after China eased restrictions on Chinese companies investing in overseas real estate.

There's more to Anbang story than just meets the eye
View of the Lloyd's of London building in the City of London, March 27, 2014. [Photo/IC]

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