A POTENTIALLY vast new market for international insurers has been opened up in China following agreement by that country on the terms of its accession to the World Trade Organisation this week. "It will mean that this market, which accounts for more than a sixth of the world's population and is set to be one of the largest economies in the world, will basically become open for insurers from other countries to set up branches and joint ventures on a steadily growing scale," says John Cooke, head of international relations at the Association of ...

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