$100b buying spree by Chinese insurers fizzles in 2017

$100b buying spree by Chinese insurers fizzles in 2017

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

A regulatory clampdown on speculation by insurers and new limits on outbound capital flows are causing one of China’s most acquisitive industries to hit the brakes.

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