Global insurance companies expand footprint in China
China News
May 23, 2023
Sitting along the Huangpu River, looking at the beauty of Shanghai's financial district Lujiazui, this property project in the city's North Bund is expected to be completed in the first half of this year. Global insurance firm AIA put some 1.3 billion US dollars into the project. This investment project has been the biggest since the firm was incorporated as the first wholly foreign-owned life insurance company in China in 2020.