Manulife facing two-speed China entry

Dec 18, 2017

The Canadian insurer has inked a tie-up between its mainland funds joint venture and Agricultural Bank of China, but is still seeking a partner with which to set up a pensions firm.

Momentum is steadily building for foreign asset managers looking to build a retirement business in China, but regulatory hurdles seem to be slowing things up for those seeking approval for onshore pensions companies.

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