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China: AIA in talks to buy billion-dollar Shanghai Tower in growth push

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...
Beijing warns of ‘explosive’ COVID outbreak as Shanghai begins mass testing

Beijing warns of ‘explosive’ COVID outbreak as Shanghai begins mass testing

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...

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