China: New M&A rules will spur more deals
Source: Asia Insurance Review | May 2014
In response to China's announcement to relax M&A rules for the insurance industry in April, KPMG is predicting a focus on domestic consolidation and rationalisation within the market. Likewise, Fitch Ratings said that this is likely to improve overall market efficiency, especially in the area of capital and cost management in the long term.
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