China will step up supervision of overseas investment risks - insurance regulatorChina will strengthen its supervision of overseas investment risks and capital flows from insurance funds, the insurance regulator said on Monday, adding that it will urge companies to improve their risk monitoring systems. China has cracked down this year on “irrational” overseas investment which it suspected was one way of disguising capital flight as the yuan currency weakened. The state council said in August that China will limit overseas investment in property, hotels, entertainment, sports clubs and film industries.


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