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HomeBusinessChina injects major capital into state banks and insurers

China injects major capital into state banks and insurers

According to the company’s statement on Sunday, China’s finance ministry will co-lead a combined $54 billion capital injection into state-owned insurers and banks-a move aimed at stabilizing its financial system. According to the reports, China’s Life Insurance will receive 35 billion. ..

Read full story on The News International

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