Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
German Companies Seeking to Cut Risk of Doing Business in China: Survey
Dec 5 2023 // Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely due to growing geopolitical tensions, according to a new survey by the German Chamber of Commerce in...
Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End
Nov 28 2023 // Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end of 2023, according to a statement on its official social media account on Tuesday. (Reporting by Albee Zhang...
China’s Ping An Sold Stake in Country Garden, Has No Plans to Buy the Troubled Firm
Nov 8 2023 // Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, refuting a report that sent the insurance giant’s stock...
Alibaba’s Ant Receives Chinese Government Nod to Roll Out AI Services
Nov 7 2023 // Ant Group Co., the fintech affiliate of Alibaba Group Holding Ltd., received approval from the Chinese government to roll out products powered by its large language model Bailing to the public. Bailing will be applied to...
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks
Nov 1 2023 // China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat of support measures to revitalize the country’s stock market. The Ministry of Finance will...
Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports
Nov 1 2023 // A Chinese court has ruled a Tesla Inc. vehicle wasn’t the cause of a 2022 accident that killed two people and injured three others, Shanghai Securities News reported. The automaker had sued a social media influencer...
Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024
Oct 30 2023 // Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International...
Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship
Oct 26 2023 // Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s prosecutor general said, after Finland blamed damage to a nearby pipeline on a...
Derisking Dilemma: How German Companies Are Tackling China Risk
Oct 19 2023 // Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and...
Economic Losses From China Disasters Reach $42B in First Nine Months of 2023
Oct 10 2023 // China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms...
China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ
Oct 3 2023 // China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported, in the latest case of authorities imposing exit bans on the employees of foreign...
EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws
Sep 19 2023 // European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies have to undergo, European Commission Vice President...
Chinese Police Detain Staff of Evergrande Unit as Property Crisis Enters New Phase
Sep 18 2023 // Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has entered a new phase...
Ex-Chairman of Top China Insurer Given Suspended Death Sentence
Sep 13 2023 // China sentenced the former head of the nation’s largest life insurer to death with a two-year reprieve, as President Xi Jinping’s crackdown on corruption in the financial industry continues. Wang Bin,...
China Relaxes Rules for Insurers to Invest in Stock Markets
Sep 12 2023 // China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country’s lagging...
Microsoft Says Compromise of Engineer’s Account Led to Chinese Hack of US Officials
Sep 7 2023 // The recently disclosed Chinese hack of senior officials at the U.S. State and Commerce departments stemmed from the compromise of a Microsoft engineer’s corporate account, Microsoft Corp. said in a blog post on...
China’s Huawei Files Lawsuit in Portugal Over Ban on Supplying 5G Equipment
Sep 5 2023 // Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s cybersecurity council CSSC that effectively bars operators from using its equipment in high-speed 5G mobile...
China’s Regulator Meets With Foreign Investors to Alleviate Concerns: Sources
Aug 25 2023 // China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic prospects, as its post-COVID recovery falters, two people with...
China Allows Allianz to Launch Onshore Fund Management Company
Aug 24 2023 // China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management company as Beijing vowed to step up efforts to attract foreign companies amid...
China Fines US Firm Mintz $1.5M for ‘Unapproved’ Work, After Raiding its Beijing Office
Aug 23 2023 // China fined U.S. firm Mintz Group about $1.5 million for doing “unapproved statistical work,” said a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office sparked worries about...
