Chinese Regulator Gears Up for Opening of Financial Sector – and Foreign Competition January 16, 2020 Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up,...
Finance, Insurance Sector ‘Wins’ in U.S.-China Trade Deal Seem Familiar January 15, 2020 By Michelle Price and Sumeet Chatterjee The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many...
China Opens Financial Sector to Increased Foreign Investment July 22, 2019 By Bloomberg News China opened up its financial sector to more foreign investment as the government said it will take targeted measures to...
Update: Italy’s Generali Calls on China to Further Open Financial Services Sector July 10, 2019 Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more...
China to End Limits on Foreign Ownership in Financial Sector One Year Early July 2, 2019 By Kevin Yao China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled, to...
China Regulator to Retain Control of Anbang Insurance Group Until Next Year February 22, 2019 China’s banking and insurance regulator said on Friday it will extend its control of Anbang Insurance Group Co. Ltd. for...
Adviser to China Central Bank Urges Two-Track Opening for Financial Services May 21, 2018 By Elias Glenn China’s financial services market should be opened further to foreign competition, but liberalization of cross-border capital flows should be done...
Foreign Insurers Benefit as China Tightens Rules on Local Firms March 21, 2018 By Sumeet Chatterjee When Zhang Xixi, a 25-year-old staffer at an online financial company in China’s southern province of Guangdong, decided last year...
China Names Guo to Head New Insurance, Banking Regulatory Commission March 21, 2018 China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial...
U.S., China Insurance Regulators Keep Open Dialogue July 29, 2016 By Andrew G. Simpson Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting...