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China's insurance firms saw their net operating cash flow slump 65 percent last year, a source said citing data in a government memo, underscoring the challenges facing the sector as it reels from a ...
China took a major step toward the long-awaited opening of its financial system, saying it will remove foreign ownership limits on banks while allowing overseas firms to take majority stakes in local ...
China's insurance regulator is planning to send inspectors to Anbang Insurance Group Co., a person with knowledge of the matter said, after the watchdog stepped up scrutiny of insurers' investments ...