Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Allianz Report Upbeat on Business in China
May 2 2002 // Germany’s Allianz posted an article on its web site that sounds an upbeat note about doing business in China, and singles out Shanghai as the best place for banks and insurance companies to locate. The report notes...
China Sends Insurance Team to Korea to Arrange Air Crash Claims Payments
Apr 17 2002 // According to reports from China’s Xinhua News Agency, the Beijing Insurers Association has taken the lead in establishing a special team of investigators and dispatching them to South Korea to examine and expedite...
HSBC to Increase Presence in Chinese Market
Mar 20 2002 // The Hong Kong and Shanghai Bank Corp. (HSBC), which despite its name is actually based in London, announced plans to to tap the growing insurance market in mainland China by opening branches of HSBC Insurance in Beijing,...
Chinese Insurance Sector Reports 32.2% Growth
Feb 5 2002 // Judging from a report by Xinhua, the official Chinese news agency, the insurance market in the People’s Republic is thriving with total income for 2001 of 210.94 billion yuan ($25.5 billion), a 32.2 percent increase...
Report AIG to Receive 4 New Licenses in China, Then 100% Ownership To End
Dec 10 2001 // Following up on earlier reports (See IJ Website, Dec.7), the Wall Street Journal has indicated that Chinese Premier Zhu Rongji and American International Group’s CEO Maurice “Hank” Greenberg have...
Report Compromise in EU, AIG Dispute Over China Branches
Dec 7 2001 // Of the hundreds of compromises and agreements reached before China was formally admitted to the World Trade Organization last month, one dispute stubbornly refused to go away – the clash between American...
Report Aon in Talks to Form Chinese Broker
Nov 30 2001 // According to a report from Reuters News Agency, Aon Corp., the world’s second largest insurance broker, is in the process of concluding a 50/50 partnership arrangement with China’s state-owned COFCO, and...
China Grants 8 New Approvals to Insurers
Oct 26 2001 // According to a report from China’s official Xinhua News Agency, monitored by the BBC, eight insurance companies have received approvals from the Chinese government to begin operations, and/or to expand current...
China To License Nine European Insurers
Sep 27 2001 // Chinese insurance regulators have notified nine European insurers that they may submit documents preliminary to receiving licenses to begin or expand operations in the country. The action comes following China’s...
Taiwan to Follow China into WTO
Sep 19 2001 // No sooner had the weary delegates to the current World Trade Organization meeting in Geneva taken a rest from thrashing out the final details of China’s admission to the world’s governing trade body, than they...
China WTO Admission Approved After Diplomatic Compromise
Sep 17 2001 // Weary negotiators in Geneva finally put their signatures on a Treaty of more than 1000 pages setting forth the terms and conditions for China’s admission to the World Trade Organization after 15 years. The agreement...
China Expected to Honor Insurance Commitments for WTO Entry
Sep 17 2001 // As far as the United States is concerned, any final agreement to admit China into the World Trade Organization depends on whether the country honors its bilateral market access commitments on insurance. According to...
WTO Postpones Meeting on China Admission
Sep 13 2001 // The World Trade Organization in Geneva announced that it was postponing meetings on China’s admission to the world body until next week as a result of the terrorist attacks on the U.S. Informal talks, concentrating...
WTO Sets China Entry Date Without Resolving AIG/EU Dispute
Sep 7 2001 // If all goes according to plan in Geneva China’s bid to join the World Trade Organization will be officially accepted next Thursday, September 13th, after 14 years of negotiations. Taiwan is scheduled for admission...
Conflicting Reports on China, AIG, WTO Dispute
Sep 5 2001 // An article in today’s edition of The Asian Wall Street Journal indicates that Chinese regulators are pressuring American International Group to sell part of its lucrative life insurance subsidiary to bring its...
GAB Robins Opens in China
Jul 20 2001 // China has welcomed the GAB Robins Group of Companies, a provider of independent loss adjusting and investigative services, to Beijing. GAB Robins is the first foreign independent loss-adjusting firm established with total...
AIA Supports China WTO Bid in House Hearing
Jul 11 2001 // The American Insurance Association continued its longtime support of “Normal Trading Relations” with China and its entry into the World Trade Organization at hearings held Tuesday by the House Ways and Means...
AIA Sees July as Historic Trade Month
Jul 6 2001 // The American Insurance Association believes that the number of international agreements that are up for consideration, and their potentially far reaching consequences for the industry, could make July 2001 an historic...
Rift Between EU US Over AIG Stalls China/WTO Pact
Jul 5 2001 // Negotiators in Geneva had hoped to announce that they had reached an accord on all issues, clearing the way for China to join the World Trade Organization, but they’ll have to wait a bit longer, as a dispute over...
China/EU See Progress on WTO Admission
Jun 25 2001 // Chinese and European Union negotiators both expressed optimism that talks, scheduled for the end of the week in Geneva, would finally see a breakthrough in China’s application to join the World Trade...
