China Orders Banks, Insurers to Review Cyber and Data Security January 11, 2024 By Bloomberg News China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring...
China Sets Tougher Capital Rules for Registering New Firms December 29, 2023 By Bloomberg News Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to...
Death Toll Climbs in China’s Worst Earthquake in Nearly a Decade December 20, 2023 By Bloomberg News The death toll from China’s worst earthquake since 2014 rose to more than 130 as the government sent a top...
Magnitude 6.2 Quake Kills More Than 100 in China’s Northwest December 19, 2023 By Bloomberg News Chinese leader Xi Jinping called for efforts to minimize casualties after an impoverished region in the northwest was hit by...
Shadow-Fleet Oil Tanker Runs Aground Near Singapore December 8, 2023 By Bloomberg News A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking systems ran aground near...
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report November 9, 2023 By Bloomberg News A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent the insurer’s...
China’s Ping An Sold Stake in Country Garden, Has No Plans to Buy the Troubled Firm November 8, 2023 By Bloomberg News Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans...
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks November 1, 2023 By Bloomberg News China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat...
Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports November 1, 2023 By Bloomberg News A Chinese court has ruled a Tesla Inc. vehicle wasn’t the cause of a 2022 accident that killed two people...
Chinese Police Detain Staff of Evergrande Unit as Property Crisis Enters New Phase September 18, 2023 By Bloomberg News Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the...