News China10 Dec 2021

CBIRC calls Evergrande an individual case with no impact on insurance & banking sector

| 10 Dec 2021

The CBIRC and two other Chinese financial regulators have issued statements saying that the recent default by Shenzhen-headquartered property developer China Evergrande Group is an individual case and will not have any negative impact on the normal operation of the banking and insurance industry.

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