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Anbang’s Stumble

China Seizes Anbang!

Who would’ve ever thought that high-flying Anbang Insurance Group Co Ltd. would be seized by the Chinese gov’t.

Again, the pitfalls of trying to operate a company based on capitalism in a country based on communism. At anytime the company’s  CEO or the entire  company and all of its assets can be seized by the Chinese government! There is no due process or drawn out court battles. You are guilty, prosecuted quickly and your done. It will be interesting to see how the company is divvied up and re-emerges in the future!

Posted By UCS Investment Co.