KRCB World Business October 10, 2010
>>hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. 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 arebeing left behind in the race for market share. >>reporter: in august alone, another 1.2 million cars jos...
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