Chinese Insurer Warns Of “Mass Defaults, Social Unrest” Due To “Mass Redemption” Run

Facing $9 billion in accelerated redemptions – or as some may call it, a “redemption run”- one of China’s largest insurers has demanded regulatory relief, warning that the alternative is “mass defaults and social unrest.

Chinese Insurer Warns Of “Mass Defaults, Social Unrest” Due To “Mass Redemption” Run

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