Guernsey is continuing to make progress in business connections
with the Chinese market.
Guernsey businessman Charles Scott, from Alternative Risk
Management, has made significant progress introducing captives to
the region over the past couple of years.
Last year he established a joint venture to promote captive
structures and management services with Chinese captive group
Beijing Airport Captive Management Consulting. Now he is closing in
on more deals, having spent two-and-a-half years working with
Chinese contacts, making some 15 trips to the region.
"Personally I am very excited about the opportunities in
China. Captives are virtually unheard of, virgin territory, and I
know of no other domicile marketing captives to China
corporates," he said, at an event organised by Guernsey
Finance, the promotional agency for the Guernsey finance industry,
and held in the island.