China Vanke CEO Wang Shi speaks during the China's Growth Context session of the 43rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland in 2013. Photo: AP

Battle over developer China Vanke takes dramatic turn as top insurer throws support behind beleaguered company management

Anbang Insurance supports China Vanke chair Wang Shi in fight to repel takeover by Baoneng Group

Topic |   China property

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China Vanke CEO Wang Shi speaks during the China's Growth Context session of the 43rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland in 2013. Photo: AP
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