Manulife Pushes Deeper Into China Betting on Curbs Easing

Photographer: Jerome Favre/Bloomberg

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Manulife Financial Corp. said it will expand operations in China as the Canadian insurer seeks to capture increasing demand from the world’s second-largest economy as it prepares for virus restrictions to ease.

The company is planning to build customer service centers in the Greater Bay Area, Damien Green, chief executive officer for Manulife Hong Kong and Macau said, while the return of tourists from the mainland in the future could also boost the life insurance industry, he said.