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China Works on Alternative to Western Shipping Insurance

Chinese maritime officials are discussing the proposal with domestic shipping companies, banks and insurers.

A container ship sits between taut ropes and dockside bollards / TokenPost.ai (macro)
A container ship sits between taut ropes and dockside bollards / TokenPost.ai (macro)

China is working to establish an alternative to shipping insurance provided by Western financial institutions. Chinese maritime officials are discussing the proposal with domestic shipping companies, banks and insurers.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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