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China Regulator Puts Cap on Insurers’ Investments in Shareholders

September 9, 2019


China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources.

China is sharpening its scrutiny of insurers’ and small banks’ shareholders amid fears that loans and investment given to big investors could prove a weak point in the country’s financial system.

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