The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (3514)	12/17/2003 10:26:04 AM
From: MulhollandDrive	Read Replies (1) of 110194

hello jay... I am buying China Life tonight in the US market i heard the CEO of the company this morning indicating the current amount of life insurance coverage is about 1.5% of the population... so that market pretty much has nowhere to go but up <g> however i do have a question for you, something which i rarely see discussed in the china/demand scenarios that are out there which is... i've been looking at some actuarial figures for chinese annual incomes...and the population migration to urban areas... so please when you have a moment, tell us about the purchasing power (for things such as life insurance, automobiles) of the average chinese consumer whose income has grown to a level of something like $1500 (U.S) per year???? tia

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