Insurers get reined in further
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
It’s no fun being an insurance company in China these days. The crackdown on the sector, which began last year, seems to intensify on a weekly basis. The latest tightening came from the insurance regulator (CIRC) on Monday (Caixin):
“[The CIRC] is limiting how much offshore financin...