Global Trade Alert
Global Trade Alert

Back to state act

China: Foreign insurance companies allowed to use RMB for some operations

Description

On June 8, 2013, Chinese government released the Regulations on Administration of Foreign Invested Insurance Companies (Revised Version) which will come into effect on August 1, 2013. In accordance...

Sign in to see full description

Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Aug 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 1 sectors

Affected Products

Sign in to access 0 products