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China

China launches first fisheries insurance scheme

The China Banking and Insurance Regulatory Commission has approved plans for a Fisheries Mutual Insurance Agency in Beijing with initial working capital of CNY 500m

By Undercurrent News | Feb. 22, 2022 10:20 GMT
Chinese shutter fishing vessels. Credit: Shutterstock
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The China Banking and Insurance Regulatory Commission has approved plans for a Fisheries Mutual Insurance Agency (FMIA) in Beijing with initial working capital of CNY 500 million ($79m), reports Hexun [...]

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