[advertise]广告[/advertise]CHINA will make it harder for insurance firms to invest short-term in asset markets next year, a regulator said Friday, a move that is part of the government’s broader efforts to fight stock and property bubbles. Chen Wenhui, assistant chairman of the China Insurance Regulatory Commission (CIRC), said he expected insurers would try to launch a flurry of short-term products to raise cash for investing next year. “We face many new challenges and problems in 2010 and we must step up regulation to control risk,” he told a forum, saying that the CIRC would urge insurers to offer longer-term products. Source：Shenzhen Daily