Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Suspected Chinese Hackers Hit Taiwanese Research Center
Aug 2 2024 // A hacking group believed to be linked to the Chinese government stole passwords and documentsfrom a Taiwanese government-affiliated research center that specializes in computing, cybersecurity researchers at Cisco Systems...
Typhoon Remnants Bring Rains, Floods That Kill Four in China
Jul 30 2024 // Record rainfall and widespread flooding killed four people in China’s southern province of Hunan, with roads in rural areas damaged and access to electricity and the internet disrupted, state media said on...
Typhoon Gaemi Lashes Southeast China After Pounding Taiwan, Flooding Philippines
Jul 26 2024 // Typhoon Gaemi lashed towns on China’s coastal Fujian province on Friday with heavy rains and strong winds as the most powerful storm to hit the country this year began its widely watched trek into the populous...
Typhoon Gaemi Aims for China, Leaves Vessels Capsized
Jul 25 2024 // Authorities in Taiwan raced to find crew missing from a ship that capsized in bad weather after Typhoon Gaemi ripped through the region before losing strength as it heads toward China. Nine Myanmar nationals were missing...
PwC Weighs Halving of China Financial Services Audit Staff, Sources Say
Jul 16 2024 // PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of clients darken...
Natural Disasters Cost China $13 Billion in January-June
Jul 15 2024 // Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half of this year, with almost 33 million people affected, the government said on...
PwC Starts Mass China Layoffs After Losing Dozens of Clients
Jul 10 2024 // PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of corporate clients diminished the accounting firm’s revenue prospects in the...
What Is China’s Planned Financial Stability Law and How Will It Work?
Jul 3 2024 // China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing’s broader efforts to prevent systemic financial risks in...
China Refines Financial Stability Law to Strengthen Risk Prevention
Jul 2 2024 // China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday. Revisions to the draft bill underwent the second round of...
Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says
Jun 25 2024 // A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity...
US Lawmakers Grill Microsoft President Over China Ties, Hacks
Jun 17 2024 // Microsoft President Brad Smith fielded questions about the tech giant’s security practices and ties to China at a House homeland security panel on Thursday, a year after alleged China-linked hackers spied on federal...
US Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy
Jun 4 2024 // A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really...
China Weighs Record Fine for PwC Over Evergrande Audit Work
May 30 2024 // China is poised to impose a record fine on PricewaterhouseCoopers LLP and suspend some of the global auditor’s local operations over its role in one of the nation’s biggest alleged financial fraud cases,...
PwC Lost Five China Clients After Evergrande-Linked Probe
May 29 2024 // PricewaterhouseCoopers LLP lost five Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two years. China Taiping Insurance Holdings Co. said on May 27...
China Boosts Farmer Protection With Nationwide Insurance for Major Grains
May 22 2024 // China’s Finance Ministry on Tuesday announced the nationwide implementation of full-cost insurance and planting income insurance policies for rice, wheat and corn, as part of a food security drive to encourage...
China-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US Says
May 20 2024 // A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by Houthi militants, the US Central Command said. The strike Saturday on the Greek-owned M/T Wind caused...
EU Firms’ Appetite for China Investment Sinks to Record Low
May 10 2024 // China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China. Only 13%...
China Construction Bank Sued in US Over Reinsurance Fraud Losses
May 10 2024 // China Construction Bank Corp., the nation’s third-largest commercial lender, was accused in a US lawsuit of enabling a massive fraud in the reinsurance industry that left companies with “monumental...
Tornado in Southern China Kills 5 People, Damages Factories in City of Guangzhou
Apr 30 2024 // A tornado struck the southern Chinese city of Guangzhou on Saturday, killing five people and damaging more than 140 factory buildings, state media said. The China Meteorological Administration said the tornado struck about...
China’s Ping An Insurance Reports 4.3% Drop in Q1 Net Profit
Apr 24 2024 // Ping An Insurance’s first-quarter net profit fell 4.3%, hit by shrinking returns from property and casualty insurance as well as its asset management operations, the Chinese insurance giant reported on...
