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After roads and railways, China's Silk Road dealmakers eye financial firms

Reuters  |  HONG KONG 

By Julie Zhu and Sumeet ChatterjeeHONG KONG (Reuters) - After ports and industrial parks, the dealmakers leading China's trillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe's banks, insurers and asset managers to tap funds and expertise. Last week, sources familiar with the matter said two of China's most acquisitive conglomerates, HNA Group and Anbang Insurance Group, had separately considered bidding for the German insurer Allianz SE.Neither of the two made an offer, but the talks marked a new level of ambition for China: Allianz is a ...

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First Published: Tue, September 12 2017. 11:04 IST
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