Anbang chief eyes ‘cheap’ Europe assets

BEIJING: The chairman of China’s privately-held Anbang Insurance Group said at the China Development Forum on Saturday he is bullish on investing in Europe despite great uncertainty over issues, including refugees, economic challenges and rising populism. Europe had “very cheap assets” and Chinese investors could take advantage of cheap funding to acquire companies with good technology, said Anbang chairman Wu Xiaohui. Agencies