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BEIJING (Reuters) - The trial of the former chairman of Anbang Insurance Group Co Ltd [ANBANG.UL] Wu Xiaohui for alleged economic crimes started in Shanghai on Wednesday, according to a statement from the Shanghai No. 1 Intermediate People’s Court.

FILE PHOTO: The headquarters building of Anbang Insurance Group is pictured in Beijing, China, August 25, 2016. REUTERS/Jason Lee/File Photo

The case comes a month after the Chinese government seized control of the insurer and announced Wu had been prosecuted for economic crimes, as Beijing cracks down on big-spending conglomerates and financial risk. [nL4N1QD1C7]

Reporting by Josephine Mason and Fang Cheng; Editing by Michael Perry

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