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China and India biggest domestic market opportunities for insurance: HSBC

China and India biggest domestic market opportunities for insurance: HSBC

by AIP Online Bureau | Apr 2, 2022 | Eco/Invest/Demography, International News, Life

“Mainland China and India are growing at fast rates and are two of the biggest domestic market opportunities,” said Greg Hingston, global chief executive, HSBC Holdings Plc’s insurance Opportunities will likely be in places like Singapore, India and mainland China,...

US$320m WB loan to promote green agriculture and rural development in China’s Southwest

by AIP Online Bureau | Apr 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Despite rapid gains in poverty reduction in recent years, two thirds of the rural population have incomes below $5.50 per day, the poverty line for upper middle-income countries. Increasing unsustainable agricultural practices, natural resource degradation and GHG...

China examines black boxes of crashed jet, looking for more plane debris

by AIP Online Bureau | Mar 29, 2022 | International News, Non-Life, Reinsurance

“Large-scale air crash investigations that only rely on data provided by the black boxes are often insufficient to tell the full truth of the incident,” Zhu Tao, head of the aviation safety office at Civil Aviation Administration of China, told a press conference...

China mounting cyber-attacks to fulfill its political objectives, says think tank

by AIP Online Bureau | Mar 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management, Technology

Crowd strike, which provides cyber security for half the world’s 20 biggest multinationals revealed that China is motivated primarily by a desire for commercial secrets and pursuit of its political objectives. Analysis of thousands of cyberattacks indicates that...
China delays retirement of employees as population ages, exchequer runs dry

China delays retirement of employees as population ages, exchequer runs dry

by AIP Online Bureau | Mar 28, 2022 | Eco/Invest/Demography, International News, Pension & Social Security, Policy

“The delayed retirement policy reflects that social welfare expenditures related to retirement and old age have become a heavy burden on the central government’s financial expenditure, so it delays retirement to minimize this, its pay pressure,” said...
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