Old Mutual Wants Joint Venture Partner In China

South African insurer Old Mutual says it hopes to have a joint venture partner in China by the end of 2006. "We opened a representative office in China last year. It's a long haul. We hope to have a joint

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South African insurer Old Mutual says it hopes to have a joint venture partner in China by the end of 2006. “We opened a representative office in China last year. It’s a long haul. We hope to have a joint venture partner there in about a year or 18 months,” Chief Executive Jim Sutcliffe told Reuters at the group’s AGM.

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