Son of one of China’s founding fathers dies

Source:Global Times Published: 2018/3/1 15:58:39

The son of Marshal Chen Yi, one of China's founding fathers, died Wednesday in Sanya, South China's Hainan Province, the Legal Evening News reported.

Chen Xiaolu died following acute myocardial infarction at the Hainan branch of the General Hospital of the People's Liberation Army.

He was born in 1946 in East China's Shandong Province. He served as chief of the political department of a regiment of the People's Liberation Army, before becoming an independent director of  the Bosera Asset Management Company and Jiangxi Changyun Company.

Chen had also cooperated with Anbang Insurance Group, but he denied that he was the "actual controller" of the group. He told media outlet Caixin in 2015 that he did not own stocks of the company or get involved in its management and operation. He said he was only Anbang's strategic adviser.

Anbang Insurance Group was seized by China's insurance regulator last month as the company's former chief Wu Xiaohui was being prosecuted for economic crimes.

Chen had also attracted media attention when he made a public apology in 2013 to his high school teachers for attacking them during the Cultural Revolution (1966-76).

Global Times

Posted in: POLITICS

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