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The rise and fall of flashy Chinese dealmaker Wu Xiaohui

Wu Xiaohui flashed his characteristic mix of bombast and confidence when he jokingly offered to buy the Financial Times during a rare meeting with journalists in Beijing last April.

But his mood turned much bleaker when he was asked about his vision for Anbang, his acquisitive and swashbuckling insurance company, in three years. “We could be dead by then,” came the answer.

Two months later, he was detained following a midnight raid on his Beijing headquarters and has been in custody since then.

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