Beijing tells AIG to suspend sales of certain polocies: China's insurance regulator conducts investigation of U.S. and other foreign companies
Article Abstract:
American International Group Inc. (AIG) has been ordered by China to suspend sales of a range of life insurance products amid an investigation of irregularities in the tightly controlled insurance industry
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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Beijing steers car market to compete with foreign firms
Article Abstract:
The Chinese government is consolidating its automobile industry so that it may compete with major automobile firms after joining the World Trade Organization. Three main companies: First Automobile Industry Corp., Dongfeng Automotive Group, and Shanghai Automotive Industry Corp. will gain preferential treatment to compete with General Motors Corp. and Ford Co.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Regulators suspend government sales of equity stakes
Article Abstract:
A change in policy stopping sales of state-owned equities sent the Chinese stock market soaring, up almost 10% in the Shanghai and Shenzhen markets, and up more than 4% in Hong Kong. Such a policy reversal has drawbacks, however, in that it will delay the raising of funds for a national pension fund and slow down government reforms for state enterprises.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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