Allianz welcomes plans to open Chinese insurance market to foreigners
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FRANKFURT (Reuters) - German insurer Allianz on Thursday welcomed plans by China to open its insurance market to foreigners and underscored its desire to expand there.China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, Reuters reported earlier on Thursday, citing five people with knowledge of the matter. In an emailed statement to Reuters, Solmaz Altin, regional chief of Asia Pacific and chief executive officer..