Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
WTO Sets China Entry Date Without Resolving AIG/EU Dispute
Sep 7 2001 // If all goes according to plan in Geneva China’s bid to join the World Trade Organization will be officially accepted next Thursday, September 13th, after 14 years of negotiations. Taiwan is scheduled for admission...
Conflicting Reports on China, AIG, WTO Dispute
Sep 5 2001 // An article in today’s edition of The Asian Wall Street Journal indicates that Chinese regulators are pressuring American International Group to sell part of its lucrative life insurance subsidiary to bring its...
GAB Robins Opens in China
Jul 20 2001 // China has welcomed the GAB Robins Group of Companies, a provider of independent loss adjusting and investigative services, to Beijing. GAB Robins is the first foreign independent loss-adjusting firm established with total...
AIA Supports China WTO Bid in House Hearing
Jul 11 2001 // The American Insurance Association continued its longtime support of “Normal Trading Relations” with China and its entry into the World Trade Organization at hearings held Tuesday by the House Ways and Means...
AIA Sees July as Historic Trade Month
Jul 6 2001 // The American Insurance Association believes that the number of international agreements that are up for consideration, and their potentially far reaching consequences for the industry, could make July 2001 an historic...
Rift Between EU US Over AIG Stalls China/WTO Pact
Jul 5 2001 // Negotiators in Geneva had hoped to announce that they had reached an accord on all issues, clearing the way for China to join the World Trade Organization, but they’ll have to wait a bit longer, as a dispute over...
China/EU See Progress on WTO Admission
Jun 25 2001 // Chinese and European Union negotiators both expressed optimism that talks, scheduled for the end of the week in Geneva, would finally see a breakthrough in China’s application to join the World Trade...
U.S.-China Reach Compromise on WTO
Jun 11 2001 // Meetings in Shanghai between U.S. trade representative Robert Zoellick and China’s Foreign Trade Minister Shi Guangsheng have apparently produced “a consensus on major issues” further clearing the way for...
China Foot Dragging Questioned by Senate, AIA
Mar 19 2001 // Thirteen members of the Senate Banking Committee recently expressed concern to trade representative Robert B. Zoellick that China may be attempting to back out of its commitments for compulsory reinsurance and large...
Impasse In Geneva Between China/WTO
Jan 19 2001 // Talks between Chinese and World Trade Organization negotiators in Geneva appear to have stalled due to the inability to reach agreement on whether China will be accorded “developing nation” status for its...
Zurich Acquires Stake in New China Life
Jan 8 2001 // Zurich Financial Services announced that it has acquired a 10 percent stake in China’s fourth largest life insurance company, New China Life, for $ 39 million. Zurich is part of a group of investors which includes...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
AIG Signs Cooperation Pact With Chinese Insurer
Dec 22 2000 // American International Group has formed a strategic alliance with Pingan Insurance Company of China, that provides for each company to use the other’s sales and service network. AIG will use Pingan’s facilities...
Chinese Companies Conclude Bancassurance Pact
Dec 21 2000 // Taking notes from their Western peers, the Industrial and Commercial Bank of China and the Huatai Insurance Company have signed a cooperation agreement to begin providing services which are remarkably similar to the...
Chinese Insurers Look To Public Offerings, as Earnings Increase
Dec 13 2000 // While foreign companies line up to enter the Chinese insurance market, China’s domestic insurers are doing so well that they’re looking to public offerings to raise additional funds. According to a report from...
China/WTO Talks in Final Stage
Dec 6 2000 // Chinese officials are meeting in Geneva this week with representatives of the World Trade Organization in what many observers believe will be the final round of negotiations leading to China’s entry into the global...
China Licenses Joint Life Ventures
Nov 22 2000 // Chinese regulatory authorities further opened the insurance market to foreign companies, announcing that John Hancock had received the go ahead for its planned joint venture with Tainan Insurance Co., and permitting Swiss...
China To Admit Insurers After Joining WTO
Nov 10 2000 // Chinese authorities have indicated they intend to license up to 12 foreign insurance groups upon China’s accession to the World Trade Organization (WTO). Under terms China agreed to in negotiations with the U.S. and...
AIG Forms Alliance With Bank of China
Nov 2 2000 // In a move which will further strengthen its already powerful position in the Chinese market, American International Group (AIG) announced that it has concluded a broad cooperation agreement with the Bank of China, the...
EU-China Resolve Insurance Impasse
Oct 30 2000 // Chinese and EU negotiators have apparently reached agreement on granting an additional 7 licenses to European insurers, as agreed in principle last May when the bilateral accords were reached between the two as part of the...