China Plans 12 New Measures to Open up Banking, Insurance Sectors

Against the backdrop of ongoing US trade negotiations, the CBIRC says it will introduce 12 new measures that could significantly open up its banking and insurance sectors to foreign investment.

4 minute readMay 15, 2019 at 10:59 PM

Marilyn Romero

China Plans 12 New Measures to Open up Banking, Insurance Sectors

China is taking major steps to further open its $44 trillion financial sector to global investors. On May 1, 2019, Guo Shuqing, the chairman of the China Banking and Insurance

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