Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Markets Cheer Euro Deal But Questions Remain
Oct 27 2011 // The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone’s two-year-old debt crisis unless crucial...
Aon Benfield Reports Asia Monsoon Economic Losses near $7 Billion
Oct 7 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during...
Sportscover: Providing Coverage for Sports and Leisure around the World
Oct 3 2011 // Sports and leisure activities are one of the most ubiquitous pass times the world over. Whether you participate, or just watch, virtually no one is far away from some form of sporting activity. It’s why sports, as a...
Typhoon Nesat Hits Hainan Island, China Mainland; AIR Analysis
Sep 30 2011 // Catastrophe modeling firm AIR Worldwide’s latest bulletin on Typhoon Nesat notes that it “made landfall as a moderate Category 1 storm on the northeastern corner of the island of Hainan at 2:30 pm local time...
Typhoon Nesat Hits China after Pummeling Hong Kong
Sep 29 2011 // Typhoon Nesat hit Hainan Island in south China on Thursday after it swept past Hong Kong, closing financial markets, schools and most businesses in one of Asia’s largest financial centers. China recalled ships and...
AIR Analyzes Typhoon Nesat’s Impact on Philippines
Sep 28 2011 // According to catastrophe modeling firm AIR Worldwide, “Typhoon Nesat (known locally as ‘Pedring’) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21...
Shanghai Subway Trains Collide Injuring More than 270
Sep 27 2011 // Two subway trains collided in Shanghai on Tuesday injuring more than 270 passengers, 20 critically, prompting public anger two months after a crash between two high-speed trains and renewing concerns about China’s...
Ratings Recap: NIPPONKOA (China), Leadway, B&B, Montpelier Re, Milli Re
Sep 21 2011 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of ‘a-‘ to NIPPONKOA Insurance Company (China) Limited, both with stable outlooks. The ratings...
Lloyd’s Issues First Direct Insurance Policy in China
Sep 15 2011 // Lloyd’s announced that it has issued its first direct insurance policy in China through its fully owned subsidiary – Lloyd’s Insurance Company (China) Limited, in a move which “marks the next step in...
U.S. Court Fight May Not Solve Chinese Accounting Mess
Sep 14 2011 // U.S. regulators appear to be on strong footing in a legal battle over a Chinese auditor’s work papers, though their ability to act may have limits and a victory in court may not resolve a widening international...
Some in Florida Want to Opt Out of Chinese Drywall Settlement
Sep 8 2011 // Hundreds of Floridians want to opt out of a proposed $53 million federal settlement over faulty Chinese drywall in hopes of pursuing lawsuits in state courts. Attorneys representing the Florida homeowners planned Wednesday...
UPDATE: ConocoPhillips Apologizes for China Oil Spill
Sep 7 2011 // U.S. energy giant ConocoPhillips moved to repair its frayed relations with Chinese regulators on Wednesday, apologizing for an oil spill in northern China’s Bohai Bay and saying it will establish a fund to address...
China Orders ConocoPhillips to Halt Output at Bohai Bay Oilfield
Sep 2 2011 // China’s State Oceanic Administration (SOA) has ordered a subsidiary of ConocoPhillips to halt all operations at the Penglai 19-3 oilfield in northern China’s Bohai Bay, saying the company has failed to seal a...
UN Climate Head Says Durban Talks Can Deliver Results
Sep 1 2011 // A record rise in global greenhouse emissions and ever tighter economic constraints make it crucial for United Nations climate talks in South Africa in November to overcome years of deadlock and deliver a solution, the...
Report Says Asia to Add 1.66 Million Millionaires by 2015
Aug 31 2011 // Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world’s fastest-growing major economies of China and India continue to mint millionaires, a report...
Typhoon Nanmadol Departs Taiwan, Heads for China
Aug 30 2011 // Typhoon Nanmadol headed to southeastern China on Monday after dumping more than 20 inches (half a meter) of rain in southern Taiwan, where wide swaths of agricultural land were flooded and some 8,000 people evacuated. The...
Best Affirms China Re and Subs ‘A’ Ratings; Outlook Stable
Aug 26 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of China Reinsurance (Group) Corporation (China Re) and its subsidiaries, China...
ConocoPhillips Evaluating China Oil Spill Impact
Aug 24 2011 // A subsidiary of ConocoPhillips said it has started evaluating the impact of its oil spill on the marine environment in China’s northern Bohai Bay, but it has not yet received any claims for the incident. State media...
Chinese Insurer Ping An Posts 33% Rise in 1st Half Profits
Aug 19 2011 // Ping An Insurance Co. of China Ltd. said Thursday its fast-growing banking business helped to boost profit for the first half by nearly 33 percent. Profit for the six months ending June 30 was 12.8 billion yuan ($1.9...
China to Expand Investment Options for Overseas Yuan Holdings
Aug 17 2011 // Chinese Vice-Premier Li Keqiang said China will soon allow foreign investors to buy mainland securities using yuan up to an initial quota of 20 billion yuan ($3.1 billion), a move aimed at promoting international use of...
