Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Microsoft Wants to Pit AI Against Climate Change
Dec 21 2017 // Red and green make yellow. And depending on how one feels about climate change, it could be considered a cautionary tale for the U.S. that China plans to create the world’s largest carbon market, possibly making it...
China to Require Polluters to Pay for Environmental Damage
Dec 19 2017 // China plans to roll out nationwide by 2020 a system that forces polluters to repair damage to the environment or pay compensation, the official Xinhua news agency reported late on Sunday. The move, which extends a scheme...
New China Rules Promote Fairer, Safer Overseas Investments by Private Companies
Dec 18 2017 // China’s powerful state planner on Monday issued new rules for overseas investment by private companies, aiming to stamp out instances of firms violating policies, engaging in unfair competition and poor safety and...
China’s Tallest Building Attracts Industry Tenants Including Lloyd’s & Allianz
Dec 12 2017 // After more than two years of red tape that kept tenants from moving in, China’s tallest skyscraper, the Shanghai Tower, has been quietly opening and filling office space. More than 60 companies now occupy office...
China’s Pension Funds Face Shortfalls as Country Struggles with Aging Population
Dec 11 2017 // Thirteen pension funds in regions and administrative units around China only have enough money to pay less than one year’s worth of pensions, media reported on Monday, as the country struggles with an aging...
When Humility in a Boss Pays Off and When It Doesn’t
Dec 11 2017 // It’s good for a boss to be humble – as long as that’s what the firm’s employees expect. Some workplace teams showed more creativity if the employees rated their bosses as showing more humility, Ohio...
China’s Ping An Insurance Now Second Largest Shareholder in Britain’s HSBC Bank
Dec 7 2017 // HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank’s unique position of having management control of its securities venture there, chief executive Stuart...
As China’s Financial Sector Opens, Acute Talent Shortage Could Hinder Growth
Dec 6 2017 // In the last two years, more than 30 global asset managers have been awarded licenses to set up wholly-owned units in China as they sought a share of the country’s $1.5 trillion private fund management market. Yet...
Fire Kills 10 in China’s Tianjin Port City Where Deadly Explosions Occurred in 2015
Dec 4 2017 // Ten people died and five were injured in a fire early Friday [Dec. 1] in a northern Chinese port city where scores were killed in an explosion two years ago. The fire department in Tianjin said the blaze broke out at 4...
China Oceanside’s Acquisition of Genworth Again Delayed by U.S. Review
Nov 30 2017 // The closing deadline for China Oceanwide Holdings Group Co.’s proposed purchase of Genworth Financial Inc .has been extended for a second time, to April 1, to allow them to satisfy a U.S. review on foreign takeovers,...
Chinese Startup Develops ‘Taxi Drone’ with Plans for 2018 Rollout
Nov 29 2017 // A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that...
Chubb Forms Partnership with China’s Largest P/C Insurer, PICC
Nov 27 2017 // Giant insurer Chubb Limited has entered into a 10-year strategic cooperation agreement with PICC Property & Casualty Company of China that will provide PICC’s customers and other Chinese-affiliated companies...
Airbus Aims to Develop Single Pilot, Autonomous Aircraft to Cut Crew Needs
Nov 22 2017 // Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said. “The...
China’s Ping An Is World’s 2nd Largest Insurer by Market Value After Berkshire
Nov 21 2017 // A surge in Ping An Insurance (Group) Co.’s shares this year has made it the world’s second-largest insurer by market value behind only Berkshire Hathaway Inc. And the rally may not be done yet. Shares of the...
China Tightens Rules on $15 Trillion Asset Management Sector to Cut Systemic Risks
Nov 17 2017 // China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country’s rampantly growing shadow banking...
As China’s Insurance Market Liberalizes, There Will Be Many Winners: Opinion
Nov 13 2017 // Foreign insurers, especially AIA Group Ltd., can break out the champagne: China’s opening of its financial markets is great news. The day after U.S. President Donald Trump left Beijing with billions of dollars of...
China Unveils Rules Allowing Foreign Firms to Take Majority Stakes in Local Insurers
Nov 10 2017 // China took a major step toward the long-awaited opening of its financial system, saying it will remove foreign ownership limits on banks while allowing overseas firms to take majority stakes in local securities ventures,...
China Pledges to Keep Easing Barriers to Entry for Foreign Insurers, Banks
Nov 9 2017 // China pledged to keep nudging open the door to its mammoth financial industry — but it will do so at its own pace. On Thursday, amid a slew of Sino-U.S. dealmaking during President Donald Trump’s visit to...
China Taiping Insurance in Talks to Buy $1.3B Building in Hong Kong: Sources
Nov 8 2017 // A unit of state-owned China Taiping Insurance Group is in advanced talks to acquire a newly built office tower in Hong Kong from Henderson Land Development Co., according to people with knowledge of the matter. China...
China May Be Poised to Outpace U.S., Europe in Insurtech Innovation
Nov 3 2017 // Without legacy systems to drag down their efforts, companies in emerging market—and China, in particular – may be poised to outpace U.S. and European counterparts developing insurtech innovations. Unencumbered by...
