2012-08-31 11:26:03 - Chinaâs Insurance Industry â PEST Framework Analysis - a new market research report on companiesandmarkets.com
The rapid growth and development in China´s insurance industry mirrors the great economic and social changes in China. China´s insurance premiums amounted to 210.94 billion yuan (US$26 billion) in 2006, and 226.27 billion yuan (US$28 billion) in the first nine months of 2007, up 51.4% year-on-year.
Aruvian´s R´search analyzes China´s Insurance Industry in a PEST Framework Analysis. A PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates.
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