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AMP-China Life deal viewed as pacesetter

Joe Marsh
The Australian firm’s purchase of a stake in China Life Pension Company highlights the growing allure of China’s retirement segment, said industry expert Stuart Leckie, albeit with certain caveats.
AMP-China Life deal viewed as pacesetter

Last week’s move by Australia’s AMP to buy 19.9% of China Life Pension Company may herald other similar deals and reflects how the Chinese retirement market is heating up, noted Stuart Leckie, chairman of Stirling Finance, a Hong Kong-based pensions and investments advisory firm.

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