Authored by Zhan Hao (zhanhao@anjielaw.com) and Sharif Hendry (sharifhendry@anjielaw.com) at AnJie Law Firm
In the first meeting between Chinese President Xi Jinping and U.S. President Donald Trump at a summit held on 6-7 April 2017, the two leaders set the tone for future cooperation on a wide range of issues, not least market access between the two countries. According to Chinese and US officials, better access for US financial sector investments into China was mooted for inclusion as part of a “100 day plan” to improve trade-ties1. This could have interesting implications for the Chinese insurance industry, and make inward investment by US financial houses an increasingly advantageous proposition.