China prepares for WTO by opening insurance sector
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China prepares for WTO by opening insurance sector

After 14 years of negotiations, China has reached the final stage of its admission to the World Trade Organization (WTO). As a result China has promised to lift many, but not all, restrictions imposed on foreign investment in its insurance industry. Andreas Lauffs and Andrew Ning of Baker & McKenzie, Hong Kong analyze the scope of China’s concessions

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