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Anbang Insurance to sue leading Chinese financial magazine Caixin

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Insurance conglomerate Anbang has said it will take legal action against Chinese financial magazine Caixin and its editor-in-chief, Hu Shuli.
In a statement on Sunday, Anbang said Caixin ran a ­series of reports that “resulted in severe damages” to the reputation and rights of the insurance company and its chairman, Wu Xiaohui.
“Anbang Insurance Group has decided to bring a suit against Caixin Media and its editor Hu Shuli, to defend the legitimate rights of our company…

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