Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China Refines Financial Stability Law to Strengthen Risk Prevention
Jul 2 2024 // China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday. Revisions to the draft bill underwent the second round of...
Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says
Jun 25 2024 // A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity...
US Lawmakers Grill Microsoft President Over China Ties, Hacks
Jun 17 2024 // Microsoft President Brad Smith fielded questions about the tech giant’s security practices and ties to China at a House homeland security panel on Thursday, a year after alleged China-linked hackers spied on federal...
US Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy
Jun 4 2024 // A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really...
China Weighs Record Fine for PwC Over Evergrande Audit Work
May 30 2024 // China is poised to impose a record fine on PricewaterhouseCoopers LLP and suspend some of the global auditor’s local operations over its role in one of the nation’s biggest alleged financial fraud cases,...
PwC Lost Five China Clients After Evergrande-Linked Probe
May 29 2024 // PricewaterhouseCoopers LLP lost five Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two years. China Taiping Insurance Holdings Co. said on May 27...
China Boosts Farmer Protection With Nationwide Insurance for Major Grains
May 22 2024 // China’s Finance Ministry on Tuesday announced the nationwide implementation of full-cost insurance and planting income insurance policies for rice, wheat and corn, as part of a food security drive to encourage...
China-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US Says
May 20 2024 // A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by Houthi militants, the US Central Command said. The strike Saturday on the Greek-owned M/T Wind caused...
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...
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...
Student from China Sentenced in Arson of Alabama Church in 2021
Apr 1 2024 // MONTGOMERY, Ala. (AP) — A 30-year-old woman in the U.S. on a student visa has been sentenced to more than eight years in prison for setting fire to First Baptist Church in Montgomery in 2021, federal prosecutors said...
US, UK Accuse China of Cyberespionage That Hit Millions of People
Mar 26 2024 // U.S. and British officials on Monday filed charges, imposed sanctions, and accused Beijing of a sweeping cyberespionage campaign that allegedly hit millions of people including lawmakers, academics and journalists, and...
China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case
Mar 22 2024 // Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global...
Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted
Mar 22 2024 // The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to several people with knowledge of the militant group’s...
Loan Deadline Looms for China Life Canary Wharf Tower
Mar 20 2024 // China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave off the locality’s third potential major default, as the eastern financial district of London grapples with...
