Foreign insurer conducting early talks to enter China’s Private pension sector

The Foreign insurers of several world-famous insurance agencies are gearing up for conducting early talks along with the authorities for entering the private pension sector of China. This big foreign insurer included Prudential Plc and Generali and they are gearing themselves for entering the private pension sector of China. This move came after China has hinted of opening up to the overseas companies. Other banks such as the Hong Kong-based AIA Group and Manulife Financial are also considering making similar moves.

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