Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End November 28, 2023 Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end...
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...
Derisking Dilemma: How German Companies Are Tackling China Risk October 19, 2023 By Christoph Steitz and Sarah Marsh Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of...
China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ October 3, 2023 By Kari Lindberg and Tom Hancock China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported,...
EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws September 19, 2023 European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies...
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...
Ex-Chairman of Top China Insurer Given Suspended Death Sentence September 13, 2023 By Bloomberg News China sentenced the former head of the nation’s largest life insurer to death with a two-year reprieve, as President Xi...
China Relaxes Rules for Insurers to Invest in Stock Markets September 12, 2023 China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech...