The adoption of new energy vehicles (NEVs) in China has led to a dramatic increase in related insurance premiums, reshaping the market while presenting challenges for insurers.
Blackstone Inc. is reportedly planning to sell three logistics projects in China to Ping An Life Insurance Co. for approximately 2.7 billion yuan, according to Bloomberg News.
Blackstone is reportedly planning to sell three logistics projects in China to Ping An Life Insurance for approximately 2.7 billion yuan (about $377 million), according to Bloomberg News.
