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China Regulator Puts Cap on Insurers’ Investments in Shareholders


China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources.

China is sharpening its scrutiny of insurers’ and small banks’ shareholders amid fears that loans and investment given to big investors could prove a weak point in the country’s financial system.

Under the revised rules, which took effect on Monday, an insurance company’s combined investments in companies that are its shareholders or their related parties must not exceed 30% of the insurer’s previous year’s total assets or net assets, the China Banking and Insurance Regulatory Commission (CBIRC) said in a statement on its website.

An insurer’s investment in any single shareholder is capped at 15% of the insurance firm’s total assets, the regulator said, under the new rules which aim to improve corporate governance in the sector.

The board of each insurer will also have to set up a committee to control and assess the risks of related transactions routinely, according to the revised regulations.

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
9/9/2019, 2:31 pm Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
Patango Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


Its funny how protesters in china are freedom fighters.

But when black people protest in America, they are "mobs and rioters" who deserve to be shot.

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9/9/2019, 6:06 pm Link to this post Send Email to Patango   Send PM to Patango
 
sharwoodjr Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


More whoppers?

These were not "freedom fighters". They were whiny little bitches.

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
9/10/2019, 10:18 am Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


"whiny !@#$" is the crap you post on here and cannot even comment on coherently.

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9/10/2019, 12:00 pm Link to this post Send Email to Patango   Send PM to Patango
 
sharwoodjr Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


Yeah that's great. On what did you base your claim that they are "freedom fighters"?

No need to answer. It's rhetorical.

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
9/10/2019, 12:10 pm Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


You are the one who has gotten busted saying one thing, then saying the exact opposite later, a thousand times on here, moron, not me.

You said the Chinese are more free than the usa.

Now they are whiny bitches.

You constantly get details wrong.

Then imagine you have the legitimacy to nit pick on others who get the details right all the time.

That is an apt description of a GOP TROLL, which you have been identified as on here for 10 years.


You are 2 levels below sisl, elk and cracker.

Its not my job to back-fill you and your parties constant retardation on here, Its just my job to comment on it. emoticon

Last edited by Patango, 9/10/2019, 2:03 pm


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9/10/2019, 1:46 pm Link to this post Send Email to Patango   Send PM to Patango
 
sharwoodjr Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


I prefer to slap and embarrass your stupid points one at a time.

You are the one who has gotten busted saying one thing, then saying the exact opposite later, a thousand times on here, moron, not me.

Changing one's stance as fact and information evolve is not the same as just making !@#$ up and posting it. You are the board liar, the king of whoppers in here. Deal with it. The poo clings to you no matter how hard you try to fling it on others.

You said the Chinese are more free than the usa.

Great example of a typical lie created from thin air. I said freedom in China is increasing and that they are more capitalist than us. But I can understand how your dumb ass was so easily angered and confused.

Now they are whiny bitches.

Who is? The protesters or all Chinese people? More whoppers. The protesters were whiny little bitches who had some help from a leftist group in the west to get the ball rolling.

Its not my job to back-fill you

Thank god. Just because you enjoy getting pegged doesn't mean anyone else here does.



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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
9/10/2019, 2:23 pm Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


quote:

I said freedom in China is increasing and that they are more capitalist than us.




That is not what you said.

And China does not have free markets you Manchurian T Bagger Candidate.

Thanx for proving my point AGAIN! emoticon emoticon

Everyone knows you lie as much as Trump, Kim Un and McConnel do.


lmao

quote:

Who is? The protesters or all Chinese people? More whoppers. The protesters were whiny little bitches who had some help from a leftist group in the west to get the ball rolling.




Shit4brains does not even know the difference between main land china and Hong Kong.

Shar the ripe recruit.

China's 5 Steps for Recruiting Spies
Cases of Americans allegedly recruited to spy on China’s behalf follow a basic pattern.


Even as popular culture and public attention has focused in the past decade on a few high-profile cases against Russian intelligence operations, China’s spying efforts have yielded a more steady stream of incidents. Over the last 15 years, dozens of people—including Americans, Chinese nationals, and Europeans—have been arrested, charged, or convicted of economic or military espionage for China. In just the 28-month period that a notorious Russian spy ring unraveled around 2010, US officials charged and prosecuted more than 40 Chinese espionage cases, according to a Justice Department compilation.



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DONATE HERE TO BERNIE ACT BLUE


9/10/2019, 6:27 pm Link to this post Send Email to Patango   Send PM to Patango
 
sharwoodjr Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


I'm sure there was a point in there somewhere. Unfortunately I'm not interested enough to dig through the trashcan of meltdowns and whoppers to find it.

Sorry you wasted your time once again.


As for your blogs and articles about China, it's not going to change my mind. 3rd party opinions aren't going to replace what I've seen with my own eyes.

Dammit you're stupid!

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
9/11/2019, 7:51 am Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
Patango Profile
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Re: China Regulator Puts Cap on Insurers’ Investments in Shareholders


I did not post anything from a blog.


And Honk Kong being separate from mainland china is not an opinion.

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DONATE HERE TO BERNIE ACT BLUE


9/11/2019, 4:55 pm Link to this post Send Email to Patango   Send PM to Patango
 


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