Henri de Castries: "This agreement allows us to change of scale in China"

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chi flat irons cheap This new partnership is a recognition that your joint venture with Minmetals not you have not been satisfactory so far? Absolutely not. The proof that our new business rose by a further 54% in the first half and we just beat this month, record our history sales in China. Also, I'm convinced it's because we had this joint venture with Minmetals ICBC wanted to work with us today. It allowed us to prove ourselves in this market. There are 28 foreign insurers in China, ICBC was thus 27 other possibilities. In China, we need to know to register in time, and that's what we allowed to do our joint venture with Minmetals. Simply, it was a partnership that we brought enough in terms of distribution capability and penetration this market in terms of our ambition. Have you not had a serious dilemma before agreeing to give up a majority stake? First, it is engraved in stone as the operational director of this joint venture will appointed by AXA. Above all, there is not have any dilemma when asked to 51% choose between a small plate and 27.5% of very large. He must realize that agreement with ICBC we can simply change the scale, and thus there had no hesitation. ICBC is neither more nor less than the actor's most powerful banking China, with some 16,000 branches, 235 million consumers, 70 million holders credit cards, making it the second largest bank in the world on this plan. This is especially the distribution network the most powerful and therefore we will have unprecedented access to consumers. ICBC will forge trade agreements with other insurers. Was not negotiable? ICBC already has trade agreements with fifty partners here. It seems natural to keep this possibility, because there are products that we do not want market, for example because we do not find them profitable enough, but ICBC hopes to offer its customers. It is therefore necessary that he can provide elsewhere. However, we have an exclusive partnership with ICBC capital. What are your goals? WEE CHI Flat Iron We believe that things will start very soon and that by 2011, this partnership will significant impact on the results of AXA China. But our goal is to be there long term. Because China seems to be a growing market for insurance and which, therefore, should grow very rapidly in the coming years. We therefore aims to become the first joint venture in the insurance industry and one of earliest players in the Chinese market. ICBC has the means to measure a giant the local as China Life Insurance. CHI Babyliss Flat Iron best chi flat irons CHI Camo Collection GHD Butterfly Pink
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Par mrdear le vendredi 29 octobre 2010

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