Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
SoftBank Plans $400M Investment in Ping An’s Health-Care Portal: Sources
Jan 22 2018 // SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal ahead of the Chinese company’s initial public offering, people with knowledge of the...
Oil from Sunken Iran Tanker Diffuses into 4 Separate Slicks
Jan 18 2018 // Oil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kms (39 square miles), Chinese authorites said late on Wednesday. Earlier...
Iran Oil Tanker Creates Oil Slicks Covering 42 Square Miles: Chinese Government
Jan 17 2018 // An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square km (42 square miles), the Chinese government said late on Tuesday, as maritime police scour for damage and...
Update: Sunken Iranian Oil Tanker Causes Large Oil Slick in East China Sea
Jan 15 2018 // A stricken Iranian tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a large oil slick, Chinese media and Japanese authorities said on Monday, as worries grew over...
Explosions Continue on Iranian Oil Tanker, Hampering Rescue Efforts
Jan 12 2018 // A stricken Iranian oil tanker continued exploding on Friday, hampering rescue efforts, Chinese state media reported, as Japan’s Coast Guard said the ship drifted away from the Chinese coast and into Japan’s...
Owner of Blazing Iran Oil Tanker Hopes Crew Alive in Engine Room
Jan 11 2018 // The crew of an Iranian oil tanker set ablaze at the weekend following a collision could still be alive, the vessel’s owner said, calling on the Chinese authorities working at the scene to prioritize a rescue...
Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions
Jan 11 2018 // The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week of an Iranian oil tanker and a Chinese cargo ship, sources say. The tanker Sanchi,...
Iranian Oil Tanker Continues to Burn in East China Sea; No Large Scale Spill Expected
Jan 10 2018 // The stricken Iranian oil tanker in the East China Sea could burn for as long as one month, South Korea’s Ministry of Oceans and Fisheries told Reuters on Wednesday, as the blaze raged for a fourth day following a...
Update: High Winds, Toxic Gases Hinder Efforts to Douse Iranian Oil Tanker Fire
Jan 9 2018 // Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past...
China’s Ping An Saw Stock Market Capitalization Climb Whopping $101B in 2017
Jan 8 2018 // Insurance may lack the buzz and cachet enjoyed by tech companies, yet the stock of one Chinese company in the industry has kept pace handsomely with some of the highest-flying champions of the digital revolution. Ping An...
Fire Rages on Iranian Oil Tanker After Collision in East China Sea; Crew Missing
Jan 8 2018 // Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China’s east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the body of one of the 32...
To Be Humble or Not
Jan 8 2018 // Maintaining a level of humility is generally considered to be a good trait. After all we teach our children to be humble to a certain degree in sports, in school, in life. No one likes a person who gloats. But is it always...
Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years
Jan 4 2018 // Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region. Property investments may swell to 3.75 billion...
China’s Ant Financial May Re-Think Global Ambitions After MoneyGram Deal Fails
Jan 4 2018 // Ant Financial may have to re-tool its global ambitions after stiff U.S. opposition scuppered what would have been its largest overseas acquisition. The Chinese financial services giant controlled by Alibaba co-founder Jack...
Genworth Not Giving Up on Being Acquired by China’s Oceanwide
Jan 4 2018 // Genworth Financial Inc. said on Wednesday it was pressing forward on its deal to be acquired by China’s Oceanwide Holdings Co. Ltd, which has stalled over concerns about Chinese access to sensitive U.S. personal data...
Citing National Security, U.S. Kills MoneyGram Sale to China’s Ant Financial
Jan 3 2018 // Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc. collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese...
China’s Fosun Plans to Raise $3.2B to Boost Domestic M&A: Sources
Dec 29 2017 // Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments inside the country,...
Update: Argentine Grains Hub Blast Kills One, Injures Others; Food Exports Hit
Dec 28 2017 // An explosion at a grains terminal in Argentina owned by China’s COFCO International on Wednesday killed one employee, injured others and affected shipping activities from one of the world’s top food suppliers,...
Starr Cos., China’s PICC Health to Provide Insurance for Belt & Road Project Workers
Dec 27 2017 // Starr Cos. announced it is working with China’s PICC Health Insurance Co. Ltd. to provide insurance for Chinese company employees working overseas in Belt & Road Initiative (BRI) countries. The companies are...
China’s Ride-Hailing Firm Didi Raises $4B to Expand Overseas, Challenging Uber
Dec 22 2017 // Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion overseas and into areas such as artificial intelligence (AI), as it looks to challenge Uber...
