Posted inAustralia, Beijing, China, France, Germany, Guangzhou, Northeast Asia, Oceania, South Asia, South Korea, United Kingdom, World

Rampaging ‘Gray Rhinos’ pose threat to China’s economy

They are bruising beasts of the corporate jungle and they have spooked Beijing’s economic wise men. Known as “Gray Rhinos,” these sprawling conglomerates are considered rogue “creatures” that tend to charge at any moment, wreaking financial havoc. As metaphors go, this is an apt description of the Anbang Insurance Group, a major player in the […]

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