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To: TheBusDriver who wrote (53203)	5/24/2000 9:25:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116764

OT(?) Tuesday, May 23 4:31 PM SGT Battle over China insurance industry to heat up after WTO SHANGHAI, May 23 (AFP) - China's insurance regulators will not give up their fight to protect ailing domestic insurance firms from foreign competition once the country joins the World Trade Organisation, industry sources said. Insurance was one of the most hotly-contested issues for European Union negotiators who sealed a landmark trade deal on China's entry into the WTO Friday, marking the last major hurdle in China's 14-year bid to join the global trading body. The China Insurance Regulatory Commission, the country's recently established industry watchdog, is anxious to slow foreign encroachment on domestic insurers' turf and exerted huge political pressure on Chinese negotiators, the industry sources said. (cont) sg.dailynews.yahoo.com