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Gulf Reinsurance Plan Could Help China, Lawmaker Says

By Gianna Ferrarin ( March 24, 2026, 7:50 PM EDT) -- The ranking member of the Senate Foreign Relations Committee sought more information about the U.S. International Development Finance Corp.'s plan to provide up to $20 billion in maritime reinsurance in the Persian Gulf region, expressing concern that China could be the proposal's "greatest direct beneficiary."...

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