| From Asianinvestor.net: New draft real estate investment regulations are soon to be released by the China Insurance Regulatory Commission (CIRC). Investment managers for the country's Rmb3.8 trillion ($562.5 billion) in insurance capital will then officially dip their toes into the world of property investments for the first time in history.
Of course, many Chinese insurers already hold real estate projects that they invested in before the CIRC required them to clean up their books in 2003 -- and many of these assets are non-performing.....................Full Article: Source
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