Posted inBeijing, China, European Union, Shanghai, World

Allianz’s move in China will help ease promise fatigue

Promise fatigue has become a regular gripe from the European Union’s Chamber of Commerce in China when it comes to Beijing’s “opening up” policy. But the decision to allow German insurance giant Allianz to set up a wholly-owned holding firm in Shanghai next year is a step in the right direction. On Sunday, China’s Banking […]

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