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China Insurance Regulator Issues New M&A Regulation
16 April 2014
China's insurance regulator issues new M&A regulations which will take effect June 1, 2014.
New regulations will allow insurers to own stakes in more than one insurance company that competes in the same products.
Consistent with the recent trend to open up the insurance industry to market forces, the new regulations are expected to encourage more M&A activity from both domestic and foreign insurers.
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