Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Louisiana Lawmakers, Regulators Responding to Chinese Drywall Issues
Dec 6 2009 // The controversy over drywall from China is heating up in Washington and in the Southeastern states most affected by the use of the product following the 2004 and 2005 hurricane seasons, including Louisiana. In a letter to...
Official Drywall Problems
Dec 6 2009 // While drywall-related corrosion is clearly evident, the CPSC said long term safety effects are still under investigation. The U.S. Consumer Product Safety Commission is now saying it has found a link between drywall made...
U.S. Finds Strong Link Between Chinese Drywall and Corrosion
Dec 6 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall. The results are from an...
China, Other Big Developing Countries Reject Copenhagen Climate Plan
Dec 3 2009 // China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday. China, the...
U.S. Finds Strong Link Between Chinese Drywall and Corrosion
Nov 24 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall. The results are from an...
Louisiana Commissioner: Help Available for Victims of Chinese Drywall
Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...
XL Receives China License
Nov 19 2009 // XL Capital Ltd. announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to start preparation work to set up a P/C company in the country. Following the approval, XL has a year to...
Chubb Encourages Chinese Firms to Adopt Risk Management Practices
Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...
Ratings Recap: Dongbu, China Taiping, Malaysian Re
Nov 18 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of South Korea’s Dongbu Insurance Company, Ltd., both with stable outlooks....
Bill Would Protect Insureds With Defective Drywall Complaints
Nov 18 2009 // U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew homeowners’ policies as the result of Chinese drywall in...
IMF Head Eyes Global Currency Change; Presses China on Yuan
Nov 17 2009 // The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday....
Agencies Outsourcing to China to Reduce Backlogs, Free Up Resources
Nov 15 2009 // ReSource Pro Gains by Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the...
Chinese Drywall Link to Home, Health Woes Remains Mystery
Nov 15 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that...
Agencies Outsourcing to China to Reduce Backlogs, Free Up Resources
Nov 15 2009 // ReSource Pro Gains By Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the...
Chinese Drywall Link to Home, Health Woes Remains Mystery
Nov 15 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall, and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said...
$5M Chinese Drywall Program Approved by Louisiana Recovery Authority
Nov 13 2009 // The Louisiana Recovery Authority has given its final approval to creation of a $5 million program to help some homeowners rehabilitate property with Chinese drywall problems. The program will require legislative and...
Chemical BPA in Workers Linked to Sex Problems
Nov 12 2009 // Male factory workers in China who got very high doses of a chemical that’s been widely used in hard plastic bottles had high rates of sexual problems, researchers reported yesterday. Heavy exposure to BPA, or...
France’s AXA Eyes Asia Growth with Takeover Bid
Nov 9 2009 // AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s...
Florida’s Citizens Reconsiders, Renews House With Chinese Drywall
Nov 1 2009 // Florida’s state-backed property insurer has taken a second look at a home with corrosion from defective Chinese drywall and decided to renew its homeowners’ insurance policy on the house after all. Citizens...
U.S. Says Chinese Officials Helping with Probe of Tainted Drywall
Nov 1 2009 // China is helping American officials investigate reports of contaminated Chinese drywall after thousands of American homeowners complained the building material made them sick or damaged their houses, a top U.S. safety...
