Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Ind. Supplier Recalls Tainted Toothpaste
Aug 14 2007 // A leading supplier of toiletries for hotels and resorts said Monday it was recalling worldwide complimentary tubes of toothpaste made in China after tests showed some may contain a potentially toxic chemical. It was the...
Gore: Polluters Finance Research to Cast Doubt on Global Warming
Aug 10 2007 // Former Vice President Al Gore said this week that some of the world’s largest energy companies, including Exxon Mobil Corp., are funding research aimed at disputing the scientific consensus on global warming as part...
Ratings Recap: Scottish Re, Macau Ins., AEGON, Generali (Austria), Allianz (debt), Sinosure
Aug 10 2007 // Standard & Poor’s Ratings Services said that its rating and outlook on Scottish Re Group Ltd. (SCT; B+/Developing/–) “will not be affected by the company’s five-day delay in its second-quarter...
Parents, Toy Companies Stressed Over Major Toy Recall
Aug 8 2007 // Many American parents are facing a quandrary about what toys to buy their children following the recall by Mattel Inc. of almost 1 million Chinese-made toys because they may contain lead. As if fears over contaminated...
Business Moves
Aug 6 2007 // Synercon Insurance Holdings In Nashville, Tenn., two insurance industry veterans have formed Synercon Insurance Holdings, a venture that will acquire and link leading independent insurance agencies. David D. Haynes,...
China Plans to Expand Health Insurance to All Urban Citizens
Jul 30 2007 // China plans to expand its medical insurance programs over the next three years to cover all urban citizens, including children and the unemployed, a state news agency last week quoted Premier Wen Jiabao as...
AIG, Liberty Mutual Given Go-Ahead for Wholly-Owned Subsidiaries in China
Jul 25 2007 // American International Group, Inc. and Liberty Mutual Group have each been been granted approval by the China Insurance Regulatory Commission (CIRC) to establish a wholly owned subsidiary in China. AIG said that its...
E.U. Consumer Chief Asks China to Step Up Product Safety
Jul 19 2007 // The European Union said it will ask China to be much more vigilant about product safety, requesting that officials there follow up on cases and report back to the EU about what measures are being taken. EU Consumer...
EU Consumer Chief to Ask China to Step up Product Safety Checks
Jul 19 2007 // The European Union said Tuesday it will ask China to be much more vigilant about product safety, requesting that officials there follow up on cases and report back to the EU about what measures are being taken. EU Consumer...
S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable
Jul 5 2007 // The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance...
RMS Releases Report on Recent Pu’er, China Earthquake
Jul 5 2007 // A preliminary loss estimate report from Risk Management Solutions indicates that the recent earthquake that struck the Chinese province of Yunnan will cost some 1.91RMB ($250 million) in economic losses. “The...
N.J. Tire Importer Says It Can’t Afford Recall of Chinese Tires
Jun 27 2007 // U.S. safety officials have ordered a New Jersey tire importer to recall as many as 450,000 tires that it bought from a Chinese manufacturer and sold to U.S. distributors. Foreign Tire Sales Inc., of Union, New Jersey, said...
China: Rich Nations Wrong to Criticize its CO2 Emissions While Buying its Products
Jun 22 2007 // It is hypocritical for developed countries to criticize China’s greenhouse gas emissions while simultaneously buying products from its booming manufacturing sector, Beijing said Thursday, defending its environmental...
Florida Company Recalls China-Made Shir Toothpaste in U.S.
Jun 13 2007 // A Florida company issued a U.S.-wide recall of toothpaste it imported from China and distributed to wholesalers, saying that the product may contain a poisonous chemical. Gold City Enterprise LLC said the roughly 170,000...
Willis’ CEO Stresses Broker’s ‘Commitment to the Chinese Market’
Jun 7 2007 // Willis Group Holdings Chairman and CEO Joe Plumeri, at a press conference in Shanghai, spoke of the global broker’s commitment to the Chinese market. “We are focusing our business on domestic companies so that...
China Prepares Climate Change Policy Paper Ahead of G-8 Summit
Jun 1 2007 // China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is...
US Calls on Asia to Take Action to Reduce Greenhouse Gases
May 30 2007 // Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said...
Greenberg Growing C.V. Starr at Home and Abroad
May 29 2007 // Exclusive Video Interview Greenberg Interview, Take 4: Growing C.V. Starr Chairman Maurice “Hank” Greenberg is busy growing his current insurance organization, privately-held C.V. Starr & Co. and all of...
U.S. Securities, Insurance Firms Gain Greater Market Access in China Talks
May 25 2007 // China promised to allow U.S banks, securities firms and insurance companies greater access to its financial markets during two days of high-level talks that ended Wednesday. Companies such as insurance provider American...
Insurance Exec Greenberg Praises U.S., China Leaders
May 23 2007 // Exclusive Video Interview Greenberg Interview, Take 1: World Leaders Former President Richard Nixon had a great grasp of foreign affairs and Bill Clinton was a fast learner. Those are among the opinions of recent world...
