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EU Firms’ Appetite for China Investment Sinks to Record Low
May 10 2024 // China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China. Only 13%...
China Construction Bank Sued in US Over Reinsurance Fraud Losses
May 10 2024 // China Construction Bank Corp., the nation’s third-largest commercial lender, was accused in a US lawsuit of enabling a massive fraud in the reinsurance industry that left companies with “monumental...
Tornado in Southern China Kills 5 People, Damages Factories in City of Guangzhou
Apr 30 2024 // A tornado struck the southern Chinese city of Guangzhou on Saturday, killing five people and damaging more than 140 factory buildings, state media said. The China Meteorological Administration said the tornado struck about...
China’s Ping An Insurance Reports 4.3% Drop in Q1 Net Profit
Apr 24 2024 // Ping An Insurance’s first-quarter net profit fell 4.3%, hit by shrinking returns from property and casualty insurance as well as its asset management operations, the Chinese insurance giant reported on...
FBI Says Chinese Hackers Preparing to Attack US Infrastructure
Apr 19 2024 // Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. An...
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