Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain
Oct 24 2019 // Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to blockchain will work. While...
Explosion at Chemical Plant in Southern China Kills at Least 4
Oct 17 2019 // An explosion at a chemical plant in southern China on Tuesday [Oct. 15] killed at least four people and injured six, the local government said, in the latest of a string of such accidents. The Guangxi regional emergency...
150-Plus Eateries Cited for Violating Louisiana Seafood Label Law
Oct 4 2019 // More than 150 Louisiana restaurants have been cited for not disclosing to customers they were selling imported rather than domestic seafood. The citations from the Louisiana Department of Health stem from a new law...
Typhoon Mitag Lashes Eastern China, Heads to South Korea
Oct 1 2019 // After lashing parts of Taiwan and Japan’s southernmost Ryukyu Islands on Monday, Typhoon Mitag is passing eastern China today and then takes aim at South Korea and the remainder of Japan later this week, according to...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks
Sep 24 2019 // Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m...
Bus in Utah With Chinese-Speaking Tourists Crashes in, Killing 4
Sep 23 2019 // A tour bus crashed on a highway running through the red-rock landscape of southern Utah on Friday, killing four people from China and injuring dozens more. The bus from Southern California rolled onto a guard rail,...
China Regulator Puts Cap on Insurers’ Investments in Shareholders
Sep 9 2019 // China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is sharpening its...
Starr Insurance Names Zhou President of China P/C Insurance
Sep 6 2019 // Starr Insurance Cos. has named Dr. Haoming Zhou as general manager and president of Starr China Property and Casualty Insurance Ltd. Zhou has more than 20 years of insurance industry experience. Prior to joining Starr, he...
With New, Legal Cannabis Industries, Illinois and Missouri Can Learn from Pioneer States
Aug 30 2019 // As Illinois and Missouri undertake the process of licensing businesses in their newly legalized cannabis industries — recreational in Illinois and medical in Missouri — they have the advantage of taking what has worked...
Waste from Chinese-Owned Nickel Plant Spills into Papua New Guinea Bay
Aug 29 2019 // Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation of China spilled into the adjacent Basamuk Bay over the weekend, three sources told Reuters on Wednesday. Locals noticed red discharge...
Japan to Offer Enhanced Trade Insurance to Drive African Investment
Aug 28 2019 // Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich...
China Pacific Insurance Joins Industry Blockchain Initiative, B3i
Aug 26 2019 // China Pacific Insurance Group (CPIC) has become the latest investor in B3i, the insurance and reinsurance industry’s blockchain initiative. CPIC’s membership further strengthens B3i’s representation...
Hong Kong Protests Escalate as Police Fire Weapon, Use Water Cannons
Aug 26 2019 // Tensions flared in Hong Kong on a weekend that began with the formation of a peaceful human chain across the city and culminated two days later with police firing a weapon and using water cannons for the first time. In a...
New Business Up 20% at Insurer AIA on Hong Kong, China Sales
Aug 23 2019 // Asia-focussed insurer AIA Group Ltd on Friday posted a 20% rise in new business for the first half of the year, as it sold more insurance products in its main markets of Hong Kong and China. AIA’s new business value,...
China Tops List of U.S. Cybersecurity Agency’s Top Risks
Aug 23 2019 // A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese...
China Expands List of Drugs Covered by Basic Medical Insurance
Aug 22 2019 // China on Tuesday added 148 drugs to its list of medicines covered by basic medical insurance schemes, part of a push to lower patients’ out-of-pocket costs in one of the world’s largest drug markets, state...
With Economy Slowing, Tariffs Hitting, China’s Rust Belt Looks to Belt and Road Initiative
Aug 22 2019 // From Thailand to Kenya, trains run on tracks from steel mills in China’s northeast, a rust-belt region that is trying to capitalize on a multibillion-dollar national initiative to build ports, railways and other...
Insured Losses in China from Typhoon Lekima Will Exceed CNY 6 Billion: AIR
Aug 16 2019 // Catastrophe risk modeling firm AIR Worldwide estimates insured losses in China from Typhoon Lekima will exceed CNY 6 billion. Lekima made landfall in Taizhou, Zhejiang, China, at 2 a.m. on August 10 local time, with...
Prudential to Complete Split of Insurance, Asset Fund by Year’s End
Aug 14 2019 // Britain’s biggest insurer Prudential will complete a planned break-up of the company by the end of the year, with its UK-focused fund and insurance business set to list as M&G Plc. The Asia and U.S.-focused rump...
China’s Anbang Insurance Selling $2.4 Billion in Japan Properties
Aug 14 2019 // China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company’s plans said. The...
