New revised rules on insurance funds usage will take effect in April, Jia Biao, vice head of the capital operation department, told reporters in a briefing in Beijing.
(Reporting by Ma Rong in Beijing; Writing by Engen Tham; Editing by Sam Holmes)China's insurance regulator says overseas investments must meet central bank, FX regulator's rules
TOP READS FROM THE FISCAL TIMES
-
Lawsuit saying Twitter aided Islamic State thrown out by U.S. appeals court
(Reuters) - A federal appeals court in San Francisco ruled on Wednesday that Twitter Inc is not liable to families of... -
Boeing ends Wall St.'s slide, Fed caution limits gains
(Reuters) - A surge in Boeing led Wall Street out of a two-day slump on Wednesday, but U.S. stocks pared gains in early... -
U.S. food distributors allege Tyson Foods, rivals fixed chicken prices
CHICAGO (Reuters) - Top U.S. food distributors Sysco Corp and U.S. Foods Inc have sued the country's biggest chicken...