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Necessary Reform Of Insurance Law In China After Its Wto, Kuan-Chun Chang
Necessary Reform Of Insurance Law In China After Its Wto, Kuan-Chun Chang
Syracuse Journal of International Law and Commerce
This paper will include five parts: Part I will clearly examine China's obligations under the General Agreement on Trade in Service and its WTO commitments through official WTO documents. Part II will briefly introduce the history of China's insurance business and relevant legislation, discuss the recent rapid growth in the Chinese insurance market, and reveal that, although the legal reform in insurance law and related regulations has been initiated, other reforms are still necessary to back the continuing growth of the insurance market. Part III will examine whether the Insurance Law of 2002 and related regulations have conformed with all …