Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
AIR Worldwide Analyzes Landslides, Building Damage from China Quake
Jul 23 2013 // Catastrophe modeling firm AIR Worldwide has released its analysis of the damages suffered by rural communities in northwest China’s Gansu province from the “devastating earthquake on July 21 at 23:45:56 UTC...
Earthquake in China’s Gansu Province Kills 56, Injures 392, Xinhua Says
Jul 22 2013 // An earthquake in the northwestern Chinese province of Gansu killed at least 56 people and injured 392, the official Xinhua News Agency reported. The 6.6-magnitude quake struck at 7:45 a.m. local time in the city of Dingxi,...
Best Revises Lloyd’s, China Sub, Society, Syndicates Ratings to Positive
Jul 22 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of...
U.S., China Agree to Restart Investment Treaty Talks
Jul 17 2013 // The United States and China have agreed to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the start. The agreement to resume...
Heavy Rains Cause Major Floods, Mudslides in China: AIR Worldwide
Jul 12 2013 // AIR Worldwide reports that “days of heavy rain across the mountainous Yunnan and Sichuan provinces of southwestern China have caused widespread flooding and triggered landslides. Official reports state that 99...
New China Life Falls as Zurich Insurance Sells Shares
Jul 12 2013 // New China Life Insurance Co. fell by the most in almost a year in Hong Kong after Zurich Insurance Co. sold 97.5 million shares in the third-biggest Chinese life insurer by premium income last year. The stock dropped 6.4...
Taiwan Braces for Direct Hit as Typhoon Soulik Approaches
Jul 12 2013 // Taiwan is bracing for a direct hit by Typhoon Soulik early tomorrow, prompting precautionary evacuations due to the risk of landslides, and airlines predicting high winds that would disrupt flights. Soulik may make...
Slow Landing Speed Of San Francisco Jet Probed
Jul 9 2013 // Investigators have determined that Asiana Airlines Flight 214 was traveling “significantly below” the target speed during its approach and that the crew tried to abort the landing just before it smashed onto...
Asiana Could Save Millions Under Provision Limiting Passenger Suits in U.S.
Jul 9 2013 // Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international law to bar Chinese and South Korean passengers from suing in victim-friendly U.S....
Chinese Insurer Buying Lloyd’s of London Building
Jul 8 2013 // Ping An Insurance Group Co., China’s second-largest life insurer, agreed to buy the Lloyd’s of London building from a Commerz Real AG-managed fund, two people with knowledge of the transaction said. A Chinese...
Investigators Hunt for Cause of San Francisco Plane Crash
Jul 7 2013 // U.S. officials examined flight information recorders and began investigating the crash of an Asiana Airlines Boeing 777 that burst into flames upon landing in San Francisco, killing two teenaged Chinese students and...
China-Style Eldercare: Kids Can Be Sued For Not Visiting Parents
Jul 3 2013 // What are elderly parents to do when their children no longer bother to visit? In China, there’s a new answer: sue the kids. That’s what 77-year-old “Granny Chu,” of Wuxi, China, did in April. On...
China Expands System to Track Food Shipments
Jul 1 2013 // China is expanding a pilot system that tracks the movement of meat and vegetables to the supermarket shelf as part of efforts to tighten supervision of its scandal-plagued food industry. Under the programme, which is...
Swiss Re sigma Study Finds Global Insurance Premium Growth at 2.4%
Jun 26 2013 // Swiss Re’s latest sigma study reveals that “total global premiums written increased by 2.4 percent in real terms in 2012 to $4.613 trillion. Life premiums expanded by 2.3 percent unwinding some of the...
AIG Revives Plane Unit IPO After Continued Delay in China Sale
Jun 24 2013 // American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business. International Lease...
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked
Jun 18 2013 // Stephen Markscheid holds one of the riskiest jobs in the world — or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards of five...
AIG Open to New ILFC Offer or IPO as China Group Deadline Extended
Jun 17 2013 // American International Group Inc. said it is open to new offers for its plane-leasing business and may pursue a public offering of the unit after a group of Chinese investors missed another deadline to buy the...
Solar Construction: Too Hot to Handle?
Jun 17 2013 // The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector’s rapid growth has led to an oversupply of solar panels, which has turned up the heat on manufacturers to lower...
Montreal Protocol Shows the Way for Action on Climate Change
Jun 12 2013 // A new deal to curb carbon emissions could copy features from the Montreal Protocol, which the United States and China favored over its Kyoto counterpart in an agreement on greenhouse gases at the weekend. The 1987 Montreal...
U.S. on Offense in Cyber War: Building Command Center, Hiring Warriors
Jun 7 2013 // On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising in the shape of the new $358 million headquarters for the military’s Cyber Command. The...
