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China Establishes New Financial Watchdog and Affirms China Re's Credit Ratings
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China establishes a new financial watchdog, the Central Financial Commission (CFC), to strengthen supervision of financial sector risks. AM Best affirms China Re's credit ratings, citing its strong balance sheet, adequate operating performance, and appropriate enterprise risk management.
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How will the establishment of the Central Financial Commission (CFC) impact the financial sector in China?
What are the potential implications of AM Best's affirmation of China Re's credit ratings?
What factors contributed to China Re's strong balance sheet and adequate operating performance?
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