Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
IASB Rules ‘On the Way’ to Becoming Global Accounting Standard
Jul 15 2011 // A top accounting rules setter said on Thursday it was well on the way to becoming the global standard in a veiled hint that the United States should get on board or risk being isolated. In roughly a decade, adoption of the...
Paralyzed Chinese Gymnast Agrees to $10 Million Injury Settlement
Jul 14 2011 // A champion Chinese gymnast who was paralyzed in an accident at the 1998 Goodwill Games has reached a deal with insurance companies to cover her medical care and rehabilitation in China, as well as provide financial help,...
Greenpeace Charges Big Name Brands Sourcing from Polluting China Firms
Jul 13 2011 // Some of the world’s leading clothing brands rely on Chinese suppliers that pollute rivers with toxic, hormone-disrupting chemicals banned in Europe and elsewhere, the environment group Greenpeace said on...
Aon Benfield Cat Recap Highlights China Floods; Quakes, Wildfires
Jul 7 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during...
U.S. Official Calls for Legal Framework to Fight Cyber Crime
Jul 5 2011 // Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security...
China to Tap Foreign Employees for Social Insurance Funds
Jul 5 2011 // China has enacted a social insurance law that requires foreigners to pay into medical, pension and unemployment funds for the first time, but unclear implementation guidelines are fueling uncertainty among expatriates and...
U.S. Calls for Cross-Border Laws to Counter Cyber Attacks
Jul 1 2011 // Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security...
US, India Pledge Market Access Cooperation; Could Ease Insurance Barriers
Jun 28 2011 // Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India’s financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to...
Report Says South China Sea Disputes Could Lead to Asian War
Jun 28 2011 // Risks are growing that incidents at sea involving China could lead to war in Asia, potentially drawing in the United States and other powers, an Australian think tank warned on Tuesday. The Lowy Institute said in a report...
China Accounting Scandals Put Big Four Auditors on Red Alert
Jun 24 2011 // The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world’s biggest audit firms, putting the so-called Big Four on alert from worries that their...
Business Moves
Jun 20 2011 // Gallagher, IFS Insurance broker Arthur J. Gallagher & Co. has acquired Independent Fiduciary Services Inc. (IFS), a Washington-based institutional investment advisory firm. Terms of the transaction were not...
Florida Homeowners to Share $55 Million in Chinese Drywall Settlement
Jun 14 2011 // Hundreds of Florida homeowners suffering with tainted Chinese drywall will share $55 million in a deal that also accuses a global drywall maker of lying about the product’s safety, according to court documents. The...
China Approves Capital Increase for Liberty Mutual China Subsidiary
Jun 14 2011 // Liberty Insurance Company Limited (LICL) has been granted approval by the China Insurance Regulatory Commission (CIRC) to increase its registered capital by $17.5 million. LICL is a wholly owned subsidiary of Liberty...
International Monetary Fund Cyber Attack Boosts Calls for Global Action
Jun 13 2011 // Governments, multinational corporations and global institutions are losing the battle against computer hackers and must combine their resources if they are to lock out cyber intruders, experts say. The International...
Starr International Invests in China’s Dazhong Insurance Co.
Jun 7 2011 // Starr Companies announced that Starr International Company, Inc. has been approved by the China Insurance Regulatory Commission [CIRC] as a strategic equity investor of Dazhong Insurance Company Limited of China. Starr...
Stigma Keeps Many Firms From Reporting Cyber Attacks
Jun 6 2011 // Wary of alarming customers, many firms never report the kind of cyber attacks suffered by Sony, Google and others — and as long as the stigma holds, tackling the growing problem may prove impossible. Data theft is a...
Florida Judge: Insurance Covers Chinese Drywall Claims
Jun 6 2011 // A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster said he found no exclusion in the Teachers...
Risk of Cyber Attacks Escalation Rises as Technology Outpaces Policy
Jun 3 2011 // From the satellite pictures on Google Earth, Jinan looks like any other Chinese city — sprawling construction sites, massive factory blocks, apartment buildings, a university, dozens of railway lines and wide-open...
China Urges Greater Attention to Safety at iPad Factory After Blast
May 25 2011 // China asked Foxconn Technology Group and other Taiwanese firms to pay more attention to safety, after a deadly blast at a Chinese factory making iPads for Apple. Production in parts of the plant in the southwestern Chinese...
Florida Judge Finds Home Policy Covers Chinese Drywall
May 16 2011 // A Florida judge has ruled that a homeowners’ policy covers damage from tainted Chinese drywall. Hillsborough County Circuit Judge Robert Foster said he found no exclusion in the Teachers Insurance Co. policy that...
