Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
U.S. Chamber of Commerce Urges China to Open Insurance, Securities Markets
Aug 31 2015 // Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with...
China Detains Senior Officials, Port Executives After Deadly Explosions in Tianjin
Aug 27 2015 // China’s top prosecutor is holding 10 officials and port executives as well as a senior Transport Ministry official under criminal detention for alleged neglect of duty and abuse of power in the Tianjin warehouse...
Ping An to Boost Overseas Investments as China’s Economy Slows
Aug 24 2015 // Ping An Insurance (Group) Co., China’s second-largest insurer, is boosting overseas assets as the nation’s slowing economy and falling interest rates make it difficult to find investments with attractive...
Uber Bookings on Pace to Pass $10B This Year, Investor Report Shows
Aug 21 2015 // Uber Technologies Inc’s global bookings are projected to rise nearly threefold to $10.84 billion this year and reach $26.12 billion the next, according to a recent presentation for potential investors seen by...
Pakistan Plan for $46B Economic Corridor with China Set to Boost Insurers
Aug 21 2015 // Pakistan Prime Minister Nawaz Sharif’s $46 billion plan for an economic corridor with neighboring China as part of his revival push is promising to boost the prospects of the nation’s insurers. Adamjee...
Insurers Unlikely to Be Impaired by Claims From Tianjin Port Explosion: S&P
Aug 21 2015 // Insurers are unlikely to be impaired by the loss claims from the explosions in the Chinese Port of Tianjin last week, according to a report from Standard & Poor’s. “Based on our initial investigation, we...
A.M. Best Places 2 Chinese Insurers’ Ratings Under Review After Tianjin Blast
Aug 20 2015 // As a result of losses resulting from the recent explosions at Tianjin port, A.M. Best has placed under review with negative implications the financial strength rating of two Chinese insurers, which have large exposures to...
UPDATE: Tianjin Blast Claims Could Top Estimates, Strain Chinese Insurers
Aug 18 2015 // Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit ratings agency Fitch said on Tuesday. Credit...
Tianjin Blast, Fires Initial Insured Loss Estimates at $1.0 to $1.5 Billion
Aug 17 2015 // Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on...
UPDATE: 112 Dead in China Blast; Access Blocked over Contamination Fears
Aug 17 2015 // Authorities pulled more bodies from a massive blast site in the Chinese port of Tianjin, pushing the death toll to 112 on Sunday as teams scrambled to clear dangerous chemical contamination. Hundreds of people were injured...
Chinese Officials Give Scant Details on Cause of Tianjin Explosion and Fires
Aug 14 2015 // Chinese officials provided scant detail on the cause of massive explosions at a hazardous-chemicals warehouse in northern China’s Tianjin port, more than a day after blasts killed at least 50 people and injured more...
Huge Explosions & Fire in Chinese Port of Tianjin Kill 44; Firemen Missing
Aug 13 2015 // Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 44 people, including at least a dozen fire fighters, officials...
Einhorn’s Greenlight Re May Gain $30.4M From China’s Currency Devaluation
Aug 12 2015 // With U.S. equities declining in the wake of China’s currency devaluation, hedge fund manager David Einhorn may be one of the few stock pickers to get a direct boost from the yuan’s sudden decline. Greenlight...
Typhoon Soudelor Hits Taiwan and China with Rains, Floods & Wind: AIR Report
Aug 11 2015 // A report from catastrophe modeling firm AIR Worldwide, states: “Typhoon Soudelor has weakened over eastern China after making landfalls in Saipan, Taiwan, and China. The storm made landfall in Taiwan at 21:00 UTC on...
Typhoon Soudelor Kills at Least 9 in China After Lashing Taiwan, Killing 5
Aug 10 2015 // At least nine people were killed in China’s eastern Zhejiang province as the remnants of Typhoon Soudelor dumped the heaviest rainfall in a century on the mainland after killing five in Taiwan. About 645 millimeters...
UPDATE: Typhoon Soudelor Nears Taiwan; China Next: AccuWeather Report
Aug 7 2015 // AccuWeather has reported that “powerful Typhoon Soudelor will bring both flooding rainfall and damaging winds to Taiwan as the storm remains on a collision course with the island.” The report noted that...
Malaysia Says Maintenance Records Prove Wing Part Is from Flight MH370
Aug 6 2015 // Malaysia said on Thursday that paint color and maintenance-record matches prove that a piece of wing found on the shore of the French Island of Reunion in the Indian Ocean was part of the wreckage of Malaysian Airlines...
Super Typhoon Soudelor Threatens China & Taiwan: AccuWeather Report
Aug 5 2015 // AccuWeather has reported that Typhoon Soudelor “rapidly intensified on Monday, becoming a super typhoon and reaching the equivalent of a Category 5 hurricane in the Atlantic or Eastern Pacific...
TigerRisk Enters China Market with Opening of Hong Kong Office
Aug 3 2015 // TigerRisk Partners LLC announced its first presence in Asia with the opening of the Hong Kong office of its subsidiary TigerRisk China Partners. TigerRisk China Partners is a member of the Hong Kong Confederation of...
China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B
Jul 27 2015 // White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of...
