Sunday, April 11, 2021
Tags Insurance

Tag: Insurance

Regulators Take Over Anbang Insurance Group

The Chinese insurance regulator has taken over Anbang Insurance Group in the wake of allegations that former chairman and CEO Wu Xiaohui (吴小晖) engaged...

Beijing Tells Insurance Sector Not to Covertly Fund Local Governments

China's insurance regulatory has cautioned the country's insurance funds against providing covert funding to local governments, amidst a crackdown on regional debt. Chen Wenhui, deputy...

Tencent Grabs Approval to Sell Insurance via WeChat and QQ

Chinese Internet giant Tencent has obtained the green light from regulators to sell insurance via online platforms such as WeChat and QQ. The official website...

China’s Chief Insurance Regulator Investigated for Corruption

Chen Junbo, the party secretary of China's Insurance Regulatory Commission, has been placed under investigation by the Chinese authorities for serious breaches of duty. According...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...