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Manulife open to "opportunities" for new China unit

Jolie Ho
The firm may follow Allianz and FWD in setting up a new insurance unit after Beijing's recent relaxation of ownership rules, as asset and wealth managers seek majority local ownership.
Manulife open to "opportunities" for new China unit

Canada’s Manulife may seek to establish a wholly-owned life insurance unit in China, following initial steps by rival firms Allianz and FWD to do so as the country liberalises its insurance industry. 

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