China eases access to insurance, travel industries

Published September 21, 2012 10:53am ET



BEIJING (AP) — China has eased restrictions on foreign companies in parts of its insurance, travel and delivery industries in a possible effort to reverse a slide in investment from abroad, an American business group said Friday.

Some of the measures were promised in talks with U.S. officials in May, but the timing is unusual, coming ahead of a leadership transition during which major regulatory changes were not expected, said Christian Murck, president of the American Chamber of Commerce in China.

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