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China Regulator Urges Insurers to Expand Natural Disaster Coverage
Jul 29 2021 // BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public...
Update: China’s Financial Hub of Shanghai at Virtual Standstill as Typhoon Makes Landfall
Jul 26 2021 // Typhoon In-Fa, the powerful storm battering regions around Shanghai, has forced some of the world’s biggest shipping ports to halt operations until at least Tuesday. All of Shanghai’s ports and some in...
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities
Jul 22 2021 // Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe. At least 25 people in the central Chinese province of Henan...
China’s Henan Province Braces for More Rain After Severe Floods Kill at Least 33
Jul 22 2021 // China’s Henan province is bracing for more heavy rain after severe flooding that sparked large-scale evacuations left at least 33 dead, while minor disruptions to manufacturing and commodity production continued. The...
Update: China Province Deluged by 1,000-Year Flood, with Rising Death Toll
Jul 21 2021 // BEIJING – At least least 25 people have died in China’s flood-stricken central province of Henan, a dozen of them in a subway line in its capital Zhengzhou, and more rains are forecast for the region. About 100,000...
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