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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...
High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market
Apr 5 2024 // In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance — and are taking to social media to complain. In one report...
Xi Says US CEOs Should Invest in China, Economy Hasn’t Peaked
Apr 1 2024 // President Xi Jinping met with a group of American business leaders in Beijing including Blackstone Inc.’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon as China is seeking to restore confidence in the...
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