China's Fosun aims to be global leader in three verticals, coins plan to tackle mounting debt

China's Fosun aims to be global leader in three verticals, coins plan to tackle mounting debt

Guo Guangchang, Chairman of Fosun International, attends an interview with Reuters in Lisbon, Portugal, May 17, 2016. REUTERS/Rafael Marchante

Fosun Group, China’s largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also has a “clear plan” to reduce its debts, chairman and co-founder Guo Guangchang said on Tuesday.

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