China may unseat AIG from privileged position

Article Abstract:

In order to be in conformity with the World Trade Organization, American International Group (AIG)may have to sell part of its insurance services in China. AIG is the only foreign insurance company that China allows to operate in the country.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Insurance industry, American International Group Inc., World Trade Organization, Powers and duties, AIG

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China plans IPOs for state banks, targeting debt

Article Abstract:

China is planning to hold initial public offerings for up to two of its four state-owned banks. The IPOs could revive efforts to restructure China's banking industry, which has been plagued by debts.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Securities issued, listed, Banking industry, Banks (Finance), Securities, Going public (Securities), Initial public offerings, Company securities, Company public offering, Company business planning

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Citic wants a new role as a financial giant

Article Abstract:

China International Trust and Investment plans to combine its units under one holding company then seek listings on domestic and international stock exchanges.

Financial Services, Finance and Insurance, Statistical Data Included, Financial services industry, Illustration, China International Trust and Investment Corp.

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