Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
U.S. Watchdog Critical of FDA Foreign Drug Oversight
Apr 22 2008 // U.S. authorities increased inspections of foreign drug plants last year but still checked only a fraction of sites that supply medicine ingredients to the U.S. market, a government watchdog is set to tell Congress...
Typhoon Neoguri Nears China
Apr 18 2008 // Weather forecasters in China warned that Typhoon Neoguri could hit southern Hainan Island as early as this afternoon, Friday April 18. China’s meteorological observatory said Thursday that strong winds and rain will...
Alabama Gov. Addresses Food Safety Issue During Trip to China
Apr 16 2008 // While in China last week on a business and trade mission, Alabama Gov. Bob Riley is promoting efforts to link scientists from Huntsville with Chinese health agencies to improve public health and food safety. Riley and Dr....
Zurich Launches Microinsurance Research Project in China
Apr 9 2008 // Zurich Financial Services Group announced that it has signed an agreement with Nan Kai University’s Department of Risk Management and Insurance (DRMI), based in Tianjin City, to launch a research project on the...
Ratings Roundup: Argonaut, Mitsui (China)
Apr 4 2008 // Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit rating on Argonaut Group Inc. (AGI), a wholly owned subsidiary of Argo Group International Holdings Ltd. and its...
U.S. Criticizes Chinese Insurers, Other Firms for Avoiding Competition
Apr 4 2008 // Influential Chinese companies that want to avoid competition are the biggest threat to more economic reform in China, U.S. Treasury Secretary Henry Paulson said Thursday. Paulson’s comment echoed complaints by...
Swiss Re to Establish China Medical Consulting Service
Apr 3 2008 // Swiss Re announced it has received approval to establish a consulting company in China to provide comprehensive third party administrator (TPA) and related consulting services to hospitals, insurers, policyholders and...
Some U.S. Homes Now Worth Less Than Their Copper Pipes
Apr 1 2008 // Shards of broken glass outside the basement window of 31 Vine Street (Brockton, Mass.) hint at the destruction inside the three-story home. Thieves smashed the window to break in and then gutted the property for its copper...
China’s Ping An Aims to Raise Fortis Stake to 7%
Mar 31 2008 // China’s Ping An Insurance Co Ltd. wants to raise its stake in Fortis to 7 percent, the Belgian-Dutch financial group’s annual report showed on Monday. China’s second largest life insurer recently lifted...
ACE China Partner to Offer Pollution Coverage
Mar 31 2008 // The ACE Group of Companies announced that Huatai Insurance Company of China Limited, an ACE Group strategic partner, has received approval from the China Insurance Regulatory Commission (CIRC) to become one of the first...
U.N. Climate Talks to Test U.S. Shifts
Mar 28 2008 // Up to 190 nations will start work on a new U.N. climate treaty in Bangkok on Monday, in a test of how far the world has progressed after years of deadlock highlighted by a U.S. outburst about a duck in 2005. “If it...
Best Affirms China International Re ‘A-‘ Ratings
Mar 27 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of the Hong Kong-based China International Reinsurance Company Limited (CIRe) with a...
Ping An Buys Half of Fortis Asset Arm
Mar 20 2008 // China’s Ping An Insurance Co Ltd. deepened its ties with Belgian-Dutch financial group Fortis on Wednesday by buying half its asset management business for €2.15 billion ($3.4 billion). Ping An, China’s...
Greenhouse Funds Gloom Hangs over G20 Climate Talks
Mar 14 2008 // Rich nations must come up with billions in new money to help poor countries fight global warming and not just repackage development aid to score diplomatic points, environmentalists at a meeting of top polluters said on...
China Vows New Product Safety Rules
Mar 6 2008 // The Chinese premier said this week that Beijing is taking steps to ensure that its product safety regulations meet international standards, signalling another phase in China’s wide-ranging campaign to repair its...
CNinsure Adds Two More Agencies
Mar 6 2008 // CNinsure Inc. remains in an acquisitive mode. The Chinese agent/broker announced that it has acquired majority interests in Shenzhen Huameng Insurance Brokerage Co., Ltd. and Fuzhou Guoxin Insurance Agency Co., Ltd. The...
Willis to Consult on China’s Three Gorges Dam Project
Mar 5 2008 // Willis Group Holdings announced that it has won a two-year contract as the insurance consultant for the operational assets of “the largest hydropower project in the world,” – China’s Three Gorges...
China to Work with WTO on Financial Info Case
Mar 4 2008 // China said on Tuesday, March 4, that it will respond through World Trade Organization channels to a case brought by the European Union and the United States over what they regard as unfair treatment of financial...
CNinsure Acquires 60% Stake in Liaoning Gena
Mar 4 2008 // Chinese independent broker CNinsure Inc. announced the acquisition of a 60 percent stake in Liaoning Gena Insurance Agency Co., Ltd., thereby extending its market presence to Liaoning Province in northeast China. Earlier...
New China Financial Chief Could Speed Up Banking, Insurance Reforms
Feb 29 2008 // When China’s leadership reshuffle is finalised during the annual parliament session that starts next week, the man tipped to become the country’s leading financial official will face high expectations. Bankers...
