An­bang chief eyes ‘cheap’ Europe as­sets

New Straits Times - - Business -

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

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