China currently restricts foreign auto firms to a maximum 50 percent ownership of joint ventures with local companies. It will cancel foreign shareholding limits for special vehicles and new energy ve.
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China will lift foreign ownership restrictions in the life insurance sector in three years and raise foreign ownership limits to 51 percent in joint-venture life insurance firms by the end of June, a.
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Customers like Zhang are helping foreign insurers quickly gain market share in China, aided by a regulatory crackdown on short-term investments packaged as insurance that has hurt many of their local.
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Employee unions of banks and state-run insurance companies will stage a sit-in at Azad Maiden in the city tomorrow to protest against privatisation of banks, allowing foreign direct investment (FDI) i.
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Indian regulations on foreign ownership in e-commerce, banks, insurance and other online-related services were major barriers for overseas investors, according to a report by the U.S. President Donald.
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