Reversal of fortune
Marcus Alcock investigates the remarkable growth of foreign insurers in China during the past couple of years as the former communist stalwart has increasingly geared its economy to a market-based system, three years after acceding to the World Trade Organisation
In May 2002, there were 10 domestic insurers and nine foreign insurers in China, according to the China Insurance Regulatory Commission. Now there are 37 foreign insurers, reinsurers, and brokers
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