Kissinger calls the Xi-Biden summit a good start for avoiding a conflict. Three foreign Winter Olympic athletes test positive for Covid-19

After regulatory approval, German insurance giant is set to buy out Citic’s 49% of their joint venture, reflecting opening-up policies and China-EU investment accord

Insurer gets the greenlight after China lifted controls on foreign ownership as part of its financial sector opening

Allowing the German insurer to go solo in China suggests regulators are opening the country’s financial services sector faster than expected

E-commerce giant will pay $71.4 million for a 30% stake in China unit of German insurer Allianz

E-commerce giant plans to set up digital insurance joint venture with the German insurer