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China Central Bank Fines Insurer, Car Dealer & Their Senior Executives for Not Accepting Cash Payments from Customers, China Life Insurance Fined $26,700, General Motors Car Dealer Beijing Dashihang Auto Fined $7,000, Senior Executives Fined $1,400 Each
4th January 2024 | Hong Kong
China central bank People’s Bank of China (PBOC) has fined an insurer, a car dealer & their senior executives for not accepting cash payments from customers. China Life Insurance was fined $26,700, General Motors car dealer (Buick, Chevrolet, Cadillac) Beijing Dashihang Auto fined $7,000, and their senior executives fined $1,400 each.
“ China Central Bank Fines Insurer, Car Dealer & Their Senior Executives for Not Accepting Cash Payments from Customers, China Life Insurance Fined $26,700, General Motors Car Dealer Beijing Dashihang Auto Fined $7,000, Senior Executives Fined $1,400 Each “
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China Central Bank Fines Insurer, Car Dealer & Their Senior Executives for Not Accepting Cash Payments from Customers, China Life Insurance Fined $26,700, General Motors Car Dealer Beijing Dashihang Auto Fined $7,000, Senior Executives Fined $1,400 Each
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