China Life Insurance opens first Singapore office (Amended)
The subsidiary, named China Life Insurance Singapore, will provide health insurance and renminbi wealth management, among other services
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CHINA'S largest life insurance provider China Life Insurance set up its first Singapore office on Monday - its first venture outside the mainland, Hong Kong and Macau.
The company has framed this move as part of President Xi Jinping's "One Belt, One Road" strategy, which seeks to link countries across the Eurasian region.
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