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THEROLEOFFOREIGNINSURANCECOMPANIESINCHINASEMERGING
THE ROLE OF FOREIGN INSURANCE COMPANIES IN
CHINAS EMERGING INSURANCE INDUSTRY:
AN FDI CASE STUDY
Chen Ji
College of Business and Administration
University of Colorado at Denver
Steve Thomas
Political Science Department
University of Colorado, Denver
To be presented at the Conference on
Financial Sector Reform in China
September 11-13, 2001
Draft August 2001
The Role of Foreign Insurance Companies in Chinas Emerging
Insurance Industry:
An FDI Case Study
August 10, 2001
Abstract
Our paper focuses on the development of the Chinese insurance industry from 1949 to the
present, with particular emphasis on the post-1979 period and the role of Foreign Direct
Investment (FDI). We examine the important function that the Chinese insurance industry has
played in Chinas overall economic transition from a planned to a market economy. We then
evaluate the opportunities and limitations, performance and problems of the foreign insurance
companies as FDI in Chinas modern insurance
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