Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Is Marine Insurance the Stranglehold on Iran?
Apr 18 2012 // Marine insurance, or lack of it, may yet turn out to be the most effective sanction used by Western nations in 17 years of tightening the screws on Iran’s nuclear program. A European Union oil embargo on Iran, set to...
Dartmouth College in N.H. to Help With China Health Reform Effort
Apr 10 2012 // Dartmouth College is spending the next five years helping China improve its health care system through a partnership that officials say could pay off at home as well. China announced in 2009 it would pour $124 billion into...
China P&I Club to Stop Indemnity Coverage for Tankers with Iran Oil
Apr 5 2012 // Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening Western sanctions against OPEC’s second largest oil producer, two club officials told...
Starr’s Greenberg: China ‘Eager to Begin Talks’ on Free Trade Pact with U.S.
Apr 4 2012 // China is eager to begin talks on a free trade pact with the United States and key leaders seem willing to step away from the state capitalism Beijing has been pursuing, a senior U.S executive with access to China’s...
Melting Arctic May Redraw Global Geopolitical Map
Apr 3 2012 // This year’s frenzy of oil and gas exploration in newly accessible Arctic waters could be the harbinger of even starker changes to come. If, as many scientists predict, currently inaccessible sea lanes across the top...
Allianz Analyzes Marine Risks – 100 Years after Titanic Disaster
Mar 26 2012 // Specialist marine insurer Allianz Global Corporate & Specialty (AGCS) has taken an in depth look at the current state of marine insurance 100 years after the sinking of the Titanic. That legendary disaster led to...
U.S. Exempts 11 Countries from Iran Oil Sanctions; China, India Exposed
Mar 21 2012 // The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of...
IMF Head Sees Global Economy on Recovery Path, but Risks Remain
Mar 19 2012 // The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks...
Survey Finds Emerging Markets’ Growth in Auto Financial Services
Mar 8 2012 // A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said:...
Willis Receives Approval for New China Office in Chongqing
Mar 7 2012 // Willis China, a part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted it approval to open a new office in the megalopolis of Chongqing, which Willis said is a...
HSBC Sells General Insurance Business to AXA, QBE for $914 Million
Mar 7 2012 // HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest...
China to Open Auto Insurance Market
Mar 5 2012 // China has agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. During a meeting with U.S. business chiefs and Chinese Vice President Xi Jinping, U.S. Vice...
Declarations
Mar 5 2012 // Rate Improving “There absolutely is a trend of rate improving…In the U.S., we’ve seen property, workers comp, as well as excess casualty and general liability starting to increase.” —Peter...
China Higher Court Hears Apple’s iPad Trademark Claim
Feb 29 2012 // Lawyers for Apple Inc. argued for its right to use the iPad trademark in China on Wednesday, as a higher court began a crucial hearing that could result in sales of the wildly popular tablet computer being halted...
World Bank Says China Must Embrace Market Economy
Feb 28 2012 // China’s economy is near a turning point that demands that it relax its grip on industry and move towards free markets, the World Bank said on Monday as it forecast the country would become the world’s largest...
ING to Sell 3 Asia Joint Ventures Separately from Other Assets
Feb 23 2012 // ING Groep NV is planning to sell its three Asian insurance joint ventures separately from its other Asia assets so that the overall sale is not held up by negotiations with partners, two sources with direct knowledge of...
Reuters: Dubai Finance Centre to Allow Transactions in Chinese Yuan
Feb 23 2012 // The Dubai International Financial Centre (DIFC), the United Arab Emirates’ financial hub, expects to permit transactions in Chinese yuan from this year, industry sources told Reuters on Thursday. The change would...
China’s Trademark System Baffles Foreign Firms
Feb 16 2012 // China’s trademark system is a minefield of murky rules and opportunistic “trademark squatters” that even the world’s biggest companies and their highly-paid lawyers find hard to navigate, as Apple...
China Agrees to Open Up Auto Insurance Market
Feb 14 2012 // U.S. Vice President Joe Biden said on Tuesday that China had agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. Biden said that during a meeting with U.S....
Chinese Firm Claims It Owns Apple’s iPad Trademark
Feb 14 2012 // A Chinese tech firm that says it owns the iPad trademark, plans to seek a ban on exports of Apple Inc.’s computer tablets from China, a lawyer for the company said. If successful, the move could deal a blow to the...
