by AIP Online Bureau | Aug 8, 2022 | Eco/Invest/Demography, International News, Life
The office would mark the insurer’s commitment to expand in China despite economic headwinds from stringent Covid restrictions. AIA became the first wholly owned foreign life insurer in the country after turning its Shanghai branch into a subsidiary in 2020, paving...
by AIP Online Bureau | Jun 11, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy
While China’s infection rate is low by global standards, President Xi Jinping has doubled down on a zero-COVID policy that authorities say is needed to protect the elderly and the medical system, even as other countries try to live with the virus. So far the country...