Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
US Grants Iran Sanctions Exceptions to China, Singapore
Jun 29 2012 // The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a country whose support it needs to try to quell violence in Syria and rein in Tehran’s...
Swiss Re sigma Study Finds P&C Growth in Emerging Markets
Jun 27 2012 // Swiss Re’s latest sigma study concludes that “global overall premiums declined 0.8 percent in real terms in 2011. While non-life premiums expanded 1.9 percent on solid economic growth in emerging markets and...
ANALYSIS: Big Greek Risk Morphs into More Economic Uncertainty
Jun 19 2012 // Greece’s election has averted the immediate threat of a euro break-up, but it does nothing to restore the magic ingredient missing in the European and global economies – confidence. Investors and corporate...
Oil Market Shrugs at Imminent Iran Tanker Insurance Ban
Jun 18 2012 // In less than two weeks, Iran’s biggest oil buyers will lose access to the London-based insurance market that protects 95 percent of the world’s tanker shipments against oil spills or catastrophic...
Mitchell to Head Willis’ FINEX Asia-Pacific Unit in Expanding Market
Jun 14 2012 // “As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional...
Report: Japan to Pass Bill to Insure Iran Oil Imports
Jun 14 2012 // Japan’s lower house is set to pass a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, making it the first of Iran’s big Asian buyers to find a way to keep the oil flowing...
Iran’s Oil Exports Plummet as Sanctions Bite Says IEA
Jun 13 2012 // Iran’s oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear into the country’s vital oil industry, the International Energy Agency said on Wednesday. The...
Study Suggests China’s CO2 Emissions Could be Greater than Thought
Jun 13 2012 // China’s carbon emissions could be nearly 20 percent higher than previously thought, a new analysis of official Chinese data showed on Sunday, suggesting the pace of global climate change could be even faster than...
U.S. Exempts India, Other Countries, Not China, from Iran Sanctions
Jun 12 2012 // The United States extended exemptions from its tough, new sanctions on Iran’s oil trade to seven more economies on Monday, leaving China the last remaining major importer exposed to possible penalties at the end of...
U.S. to Issue More Waivers on Iran Sanctions Next Week
Jun 8 2012 // The United States will announce a new list of countries that will receive exceptions to financial sanctions on oil trade with Iran as soon as early next week, a government official said on Thursday. Not all of Iran’s...
WSU To Pay $650K To Settle Discrimination Lawsuit
Jun 7 2012 // Washington State University has agreed to pay $650,000 to settle a racial discrimination lawsuit brought by two former employees of Chinese descent. The settlement will pay $325,000 each to Dr. Ying Li and her husband,...
Global Downturn Puts Investors, Companies in Retreat
Jun 5 2012 // Gripped by fears that Europe’s debt crisis is driving the world economy into a ditch, companies are delaying plans to raise capital and canceling deals, while investors are taking refuge in cash or any other place...
Chinese Drivers Pose Fresh Risks for Foreign Insurers
Jun 5 2012 // “People like us who buy Ferraris don’t care too much about insurance because we buy cars for speeding,” said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a...
AIA Calls for More International Market Access for U.S. Insurers
May 23 2012 // The American Insurance Association has issued a statement, which points out several instances of a “disconnect between the continued significant global insurance capacity and a strong demand for insurance products...
Senate Passes Tougher Iran Sanctions
May 22 2012 // The U.S. Senate unanimously approved on Monday a package of new economic sanctions on Iran’s oil sector just days ahead of a meeting in Baghdad between major world powers and Tehran. The sanctions add to a raft of...
China Broker CNinsure Announces Changes to Board of Directors
May 18 2012 // CNinsure Inc. an independent insurance intermediary company operating in China, announced that the board of directors of the Company has appointed Yunxiang Tang as an independent director of the Board and Yongwei Ma has...
Data Shows Iran Petro-Chemical Exports Plunge Due to EU Insurance Sanctions
May 17 2012 // Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and...
Lloyd’s U.S. CEO Comments on the Importance of ‘Vision 25’
May 14 2012 // Lloyd’s announcement on Friday of the launch of its “Vision 25” program, an ambitious plan to prepare the historic London market for the future, came as no surprise to Hank Watkins, CEO of Lloyd’s...
New York Judge Orders Anonymous Blogger into Court Over Business Reports
May 14 2012 // A New York judge has ordered an anonymous blogger to appear in court next week over accusations that the blog Alfredlittle.com wrote false reports about a Chinese company to drive down the stock. The blogger was served...
Catlin Receives Approval to Establish Representative Office in Beijing
Apr 19 2012 // The Catlin Group Limited announced that it has been granted approval by the China Insurance Regulatory Commission [CIRC] to open and operate a wholly owned representative office in Beijing. The office will be headed by...
