International Business with Nadine Russell and Students
World Business: In the nine years since China entered the World Trade Organisation, its insurance industry has developed fast: from only 30 licensed companies in 2001 to 115 today. Over a third these are either wholly owned or strongly backed by foreign insurance brands. But with no level playing field and limitations on what they can sell, these investors are being left behind in the race for market share. Reporter: Nick Mackie
