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China Life to diversify portfolio internationally

By Hu Yuanyuan ( China Daily ) Updated: 2016-08-27 08:18:49

Low insurance investment returns pushing group to strategy changes

China Life Insurance Co Ltd will boost its overseas investment proportion by widening the investment scope of properties and increasing stake investment in unlisted companies, the insurer's top management said on Friday.

The move, according to Zhao Lijun, vice-president of China Life, aims to improve the insurer's investment return amid a sluggish domestic stock market and low interest rate environment.

China Life to diversify portfolio internationally

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