It all depends on the opportunity.
We would like to better understand the market before making any strategic moves. That's why we prefer to establish a representative office first rather than setting up a joint-venture, although the latter choice would bring about more speedy expansion.
Following our multinational clients' pace, we have now decided to move into China.
Although liability insurance is still in the early stages in China, market demand has increased rapidly as more multinational companies rush into China and more local enterprises go global.