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China shutters Travelers office.

BEIJING -- China's insurance regulator has closed Travelers Insurance Co.'s representative office in Beijing for unspecified violations of the country's insurance regulations.

A spokeswoman for Travelers said the Beijing office had been established years ago and was dormant, adding that Travelers would "like to preserve our ability to do business there." She would not comment further.

According to local Chinese news reports, Travelers and several other insurers had violated administrative regulations. Other companies whose representative offices were recently closed include Ping An Insurance Co. Ltd. and Guijiang Insurance Agency Ltd., the reports said.

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