This rise has taken place over the last three decades as China has slowly loosened its trade policies from a central system to a more market-orientated system (CIA). ... This shift has allowed China to become one of the largest players in the world market. ... China with the world's largest population is also the world's largest market. The Chinese market has grown exponentially over recent decades, but due to cultural and social differences it has been very difficult for foreign companies to succeed. ... Consequently, it seems clear that the Chinese government will continu...

• Word Count: 3326
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

A look at the above chart depicting the market - share of the various players will tell us that the majority of the market is still in the reins of the Life Insurance Corporation of India. ... However, the competition among the private players, for the remaining market share, is fierce, and the margins dividing them are relatively small. ... In fact, it's in recognition of this huge potential of the market and the need to make insurance, particularly life insurance, available on a wider scale, that the government has opened the industry to private players in 2000. ... Now, private players...

• Word Count: 4157
• Approx Pages: 17