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New Chinese rules open up insurance fund products

A new set of rules from the CBIRC will enlarge the investor base for insurance asset management products. This could ramp up investor demand.
New Chinese rules open up insurance fund products

Regulatory requirements for different insurance asset management products are currently scattered across multiple regulations but the China Banking and Insurance Regulatory Commission (CBIRC) is putting an end to it with a unified set of rules that will come into effect on May 1. 

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