Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
U.S. Warns China Could Hack Infrastructure, Including Pipelines, Rail Systems
May 31 2023 // The U.S. State Department has warned that China was capable of launching cyber attacks against critical infrastructure, including oil and gas pipelines and rail systems, after researchers discovered a Chinese hacking group...
Taiwan Rushes to Prevent China From Cutting Internet, Phones
May 30 2023 // Buffeted by earthquakes and the potential of conflict with China, Taiwan’s leaders want to accelerate plans to make the island more resilient to communications breakdowns and direct attacks on its digital...
China Rejects Claim Its Spies Are Penetrating Western Critical Infrastructure
May 25 2023 // The Chinese government has rejected claims that its spies are penetrating Western infrastructure, calling the joint warning issued by the United States and its allies a “collective disinformation...
G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency
May 19 2023 // Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce...
Amsterdam’s Phillips to Pay $62M to U.S. for China Sales Misconduct
May 12 2023 // The U.S. Securities and Exchange Commission reported that Amsterdam-based health technology firm Koninklijke Philips N.V. will pay more than $62 million to resolve charges that it violated the Foreign Corrupt Practices Act...
China’s Communists Appoint Chief of New Financial Regulatory Body
May 12 2023 // China’s Communist Party appointed Li Yunze, vice governor of Sichuan province, as the party chief of its new financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC) said on its official...
An Oil Tanker Ablaze in South China Sea Is Warning of Global Problem
May 8 2023 // Off the coast of Malaysia, in one of the world’s busiest shipping channels, an explosion on board the aging oil tanker Pablo ripped off its deck like a sardine can and began a fire that sent dark plumes of smoke into...
China’s Ping An Insurance Reports 48.9% Rise in Q1 Profit
Apr 26 2023 // Ping An Insurance (Group) Co. of China Ltd. saw a 48.9% rise in first-quarter net profit as its investment income improved, China’s largest insurer by market value reported on Wednesday. Profit rose to 38.4 billion...
China Expected to Cut Fine on Ant Group to About $700M: Sources
Apr 18 2023 // Chinese regulators are expected to fine Ant Group about a quarter less than the more than $1 billion initially planned and downgrade their charges against it, sources said, as they seek to end a years-long crackdown on...
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations
Apr 5 2023 // The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the introduction of a...
China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group
Mar 24 2023 // Chinese authorities raided the office of U.S. corporate due diligence firm Mintz Group in Beijing and detained five local staff, the company said, putting foreign companies in China on alert just as the country hosts an...
TikTok Attacked for China Ties as US Lawmakers Push for Ban
Mar 24 2023 // U.S. lawmakers on Thursday battered TikTok’s chief executive about potential Chinese influence over the platform and said its short videos were damaging children’s mental health, reflecting bipartisan concerns...
UK Bans Chinese-Owned TikTok on Government Phones on Security Concerns
Mar 17 2023 // Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western countries in barring the Chinese-owned video app over security concerns. TikTok has come under...
China’s Ping An Insurance Reports 17.6% Drop in 2022 Profit
Mar 15 2023 // Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, reported a 17.6% drop in its 2022 annual net profit on Wednesday due to a slump in investment gains. Its profit of 83.8 billion yuan...
China Is ‘Big Threat’ to Energy Industry, Cybersecurity Official Says
Mar 13 2023 // The US energy industry must shore up protection against cyberattacks from China, a more pressing concern than attacks from Russia amid its war on Ukraine, according to a senior government cybersecurity official. “The...
China’s Financial Regulatory Revamp Raises Hope, but Some Concerns
Mar 10 2023 // A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party intervention. In a major shake-up,...
Update: China to Launch National Financial Regulator in Major Supervisory Overhaul
Mar 7 2023 // China will set up a new financial regulatory body consolidating oversight, which analysts said was aimed at closing loopholes with multiple agencies monitoring different aspects of trillions of dollars’ worth of its...
China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules
Mar 2 2023 // Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export user data, according to lawyers advising clients on the...
China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns
Feb 23 2023 // Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US...
Downing of Chinese Balloon Creates Spectacle, Concern Over SC Tourism Hub
Feb 7 2023 // The downing of a suspected Chinese spy balloon just off South Carolina’s coast created a spectacle over one of the state’s tourism hubs and drew crowds reacting with a mixture of bewildered gazing, distress and...
