Chinese insurance companies will be permitted to invest directly in commercial property for the first time under new regulations that are set to trigger an influx of cash – conservatively estimated at $34bn – into China’s high-end commercial property market. The new rules take effect on Thursday, although details on investment limits and types of property will not come for another month at least, say officials.

This entry was posted by Gwen Robinson on Wednesday, September 30th, 2009 at 4:50 and is filed under Capital markets. Tagged with china. Edit this entry.