Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Homebuilder, Manufacturer Worried About Chinese Drywall in 2006
Jun 2 2010 // A leading East Coast homebuilder worried about the malodorous Chinese drywall it was using in Florida homes in 2006, but didn’t alert most of its customers or government officials, according to court documents. The...
New Florida Law Adjusts Property Assessments for Drywall Effects
Jun 2 2010 // Florida Governor Charlie Crist today signed legislation making properties affected by imported or domestic drywall eligible for an adjustment of their assessed value. The bill, HB 965, applies to the 2010 and subsequent...
WTO Questions China’s Export Barriers
Jun 1 2010 // China’s curbs on exports of some raw materials to conserve resources may not meet the stated goals, while giving Chinese manufacturers an unfair advantage, the World Trade Organization said on Monday. The remarks, in...
Bill Targeting Chinese Drywall Advances in Louisiana House
May 27 2010 // The insurance industry continues to lose its battle against a proposed ban on property insurers dropping or changing coverage because of corrosive Chinese-made drywall. The proposal will be debated by the full House after...
U.S. Trade Chief Urges China to Lower Barriers
May 25 2010 // Potential Chinese moves to lower trade barriers could be as important as exchange rate reforms in easing economic strains with the United States, Washington’s top trade negotiator said as the two powers entered a...
Concern over China’s Protectionism at 10 Year High Says U.S. Chamber
May 24 2010 // Concern among U.S. companies that China is backtracking on opening its economy are at a 10-year high, the head of the U.S. Chamber of Commerce said on Monday. Chamber President and Chief Executive Thomas Donohue said...
Lloyd’s China Granted Direct Insurance License
May 19 2010 // “Lloyd’s China has been granted a license by the China Insurance Regulatory Commission (CIRC) to write direct insurance in addition to their existing reinsurance license,” said a bulletin on its web site...
RMS Licenses Cat Modeling Software Programs to China Re
May 11 2010 // Risk Management Solutions (RMS) announced that China Reinsurance (Group) Corporation, the largest reinsurer in Asia, will “license its catastrophe modeling software to support the expansion of China Re’s...
Somali Pirates Hijack China-bound Oil Tanker off of Yemen
May 5 2010 // Somali pirates on Wednesday hijacked the China-bound oil tanker MV Moscow University 350 miles (565 km) off the coast of Yemen with 23 Russian crew and crude oil worth $52 million on board. “The oil is Chinese. It...
Who Pays?
May 3 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
Who’s Going to Pay?
May 3 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
Insurer Wins Appeal in Lead-Contaminated Chinese Toy Case
May 3 2010 // A federal appeals court has ruled that an insurance company has no duty to defend against class action lawsuits filed in Illinois targeting the company’s insured, a Chinese manufacturer of toys sold in the United...
Declarations
May 3 2010 // No Policy Dumping “I don’t think you should be able to dump these policies because it harms your profit.” —Louisiana State Sen. Elbert Guillory, D-Opelousas, comments on a bill prohibiting insurance...
EU Climate Chief Says Financial Crisis Threatens Vital Innovation Risk
Apr 30 2010 // Innovation vital for Europe’s future is at risk, because the global financial crisis has turned once-challenging emission reduction goals into easily achievable targets, the European Union’s top climate...
Federal Judge Awards $164K in Damages in Chinese Drywall Case
Apr 29 2010 // A federal judge in Louisiana has ordered a manufacturer of faulty drywall from China to pay more than $164,000 to a Louisiana family as result of damage to their home from the wallboard. The ruling is the second time in...
Louisiana Senate Passes Ban on Insurance Cancellations Due to Drywall
Apr 28 2010 // The Louisiana Senate has passed a measure that would ban against property insurers dropping or changing coverage for homes or businesses that contain Chinese-made drywall, which has been blamed for home corrosion and...
Louisiana Bill Would Ban Insurance Cancellations Due to Chinese Drywall
Apr 23 2010 // A prohibition against insurance companies dropping coverage for homes or businesses that contain corrosive, Chinese-made drywall has advanced in the Louisiana Senate. The bill by Sen. Julie Quinn, R-Metairie, would bar...
Federal Judge Awards $2.6M in Chinese Drywall Case
Apr 19 2010 // A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to their homes as a result of the installation of substandard drywall from China. In...
Who’s Going to Pay?
Apr 19 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
Who Pays?
Apr 19 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
