Michael Schuman, Bloomberg
The fact is that Chinese companies will face enough trouble transforming into global players — with the brands, technology, financial savvy and management expertise to battle it out with the world’s best — without bureaucrats intruding. Anbang may or may not be an overleveraged neophyte that bit off more than it could chew. The point is that China would be better served letting the market decide.
Source: Real Clear Politics
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