Insurance ruling on foreign investment

Banking, Finance and Insurance

Friday, September 05, 2008 23:41:33

	Insurance ruling on foreign investment By STAFF EDITOR Published: August 10, 2007 06:10 PM China clarified the criteria for overseas investors seeking to buy a domestic insurance company Thursday in a draft aimed at soliciting public opinion, the China Business News reported. To be qualified to invest in Chinese insurers, foreign investors must have at least US$2 billion in assets and must have made profits for three consecutive accounting years and have gained at least an ... You are currently reading 63 words of 192 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: credit , investment , currency , insurance , EA , foreign investor , China Mergers and Acquisitions	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > DBS inks China UnionPay deal Banking sector steady despite mortgage risks China Reinsurance likely to can HK portion of IPO Changsha Bank sells 20% stake to French counterpart Financial innovation urged for China’s shipbuilding industry New loans down in Shanghai last month Foreign insurers to take 10% of Chinese market by 2011: PwC

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