Reinsurance firm confident on future prospects in China
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Unreasonably low premium rates in China&#39;s non-life insurance sector, coupled with inadequate awareness of insurance protection, is hampering the hugely promising industry&#39;s long-term growth, reported China Daily on Monday.
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China is discussing what it means to be a major world power and has stopped denying that it intends to become one soon.
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Seeking to reassure those nervous about foreign takeovers, the head of Chinaâs government investment fund said Thursday that China would invest mostly in portfolios.
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Japan's business confidence is improving and firms are set to boost investment in the coming months.
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It looks like it will be a good year for the engineering and construction company.
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Officials at the Federal Deposit Insurance Corp. yesterday pronounced Massachusetts&#39; banking industry to be in ``very good shape,&#39;&#39;despite some pressure on profits and slower-than-expected loans to small businesses.
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US companies in China said yesterday that Beijing had made dramatic progress in ratifying the commitments it made when it joined the World Trade Organisation three years ago.
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The security software company expects its deal making to boost growth.
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Consumers on the Chinese mainland are most optimistic about the economic outlook of the next 12 months, according to a survey released here Wednesday by AC Nielsen.
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China promised on Monday to integrate climate change policy into its industrial and energy sectors, but said it would not sacrifice economic growth to satisfy international demands to help combat global warming.
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Billionaire gives beleaguered European reinsurer and peers a vote of confidence with 3% investment.
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Chinese lenders have made good progress  in improving risk management and corporate governance, but  completing bank reform will still take years, chief banking  regulator Liu Mingkang said on Monday.
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China&#39;s banking regulator said it will provide &quot;active consideration and prior approval&quot; for overseas banks wanting to buy stakes in lenders based in the country&#39;s northeast.
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China's leaders are displaying renewed confidence in their ability to control political debate, putting to a vote a toughly contested law on property rights at this year's session of the national legislature.
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Chinese company Shanghai Automotive Industry Corp. may be ready to step in to save ailing British car manufacturer MG Rover, a media report said.
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The Pension Benefit Guaranty Corp. said that it can continue to meet its obligations for a number of years.
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Chinese Premier Wen Jiabao said  he was confident the country can clinch "final victory" against  the coldest winter to hit central China in a century, an  official Web site (www.china.com.cn) said.