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China watchdogs urged to open insurer investing choices

Insurance companies in China are struggling to find long-term assets to match their liabilities. A senior official at a self-regulatory body has proposed some potential solutions.
China watchdogs urged to open insurer investing choices

The insurance industry in China is calling upon regulators to widen the array of assets in which they are allowed to make long-term investments. However, market analysts say there is a big problem – there is a dearth of appropriate assets that fit the bill, at least in China.

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