Announcement
06 Dec 2019
December 6th, 2019 - A Chinese government body removed restrictions on foreign ownership in the life insurance industry.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
1 in force
Implementation date
01 Jan 2020
Revocation date:
No revocation date
On December 6th, 2019, the China Banking and Insurance Regulatory Commission released Yinbaolin Banfa 2019/230, which removed the equity restriction on foreign firms in the Chinese life insurance mark...
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