Canada's Manulife Financial Corp. said on Tuesday it expected to sell insurance products in about 40 Chinese cities by 2010 as its total premiums in China will see 20 percent growth this year, Reuters reported. Total premiums for Manulife-SinoChem Life Insurance Co. Ltd., Manulife's China joint venture in which it holds a 51 percent stake, will reach more than 840 million yuan (106.3 million US dollars) this year, up from 700 million yuan (87.5 million US dollars) in 2005, said Reuters, quoting Emil Lee, chief financial officer of the insurance venture, as saying. In the meantime, Manulife is consulting with Chinese regulators on the possibility of setting up an asset management joint venture in China, Lee told Reuters in an interview.