# China Works on Alternative to Western Shipping Insurance

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/56564
Published: 2026-11-13T11:02:04.000Z
Updated: 2026-11-13T11:02:04.000Z
Section: Regulation

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

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.