Thursday, January 20, 2005

business - AIA managers shed tears over lost mainland contracts

Amy Gu reports yet another interesting story over an emotional meeting of Hong Kong managers of the world's largest insurance company AIA, as their Hong Kong branch has lost much business from the mainland because of new regulation that ban Chinese to close insurance contracts outside the country.
The story did not reach me yet in another way
Some lawyers in China were afraid they would lose business when China entered the WTO, but the speed in which China is able to create new barriers, causing enough panic among investors to keep lawyers very busy.

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