Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO
Oct 22 2020 // China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle for its $35...
Battery Fires Make Headlines as Electric Vehicle Sales Take Off
Oct 20 2020 // First, Hyundai Motor Co. made headlines about its electric cars catching fire. Five days later, it was General Motors Co. and Ford Motor Co. The next day, it was BMW AG. Vehicles going up in flames aren’t new to the...
Midwest Farmers Receive Record Federal Aid, Crop Insurance Payments Under Trump
Oct 20 2020 // U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be...
Senator Calls on U.S. to Delay IPO by China’s Ant Group
Oct 12 2020 // Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial public offering of...
China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO
Oct 9 2020 // Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the United States, the latest company looking to take advantage of a rebound in capital...
From Wildfires to Sally to China Floods, September Was a Disastrous Month
Oct 9 2020 // Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred...
Royal Caribbean Cruise Line Hit with Shareholder Lawsuit Over Coronavirus
Oct 9 2020 // A Palm Beach County, Florida city’s retirement plan is suing a cruise ship company for allegedly misleading it and other shareholders over the financial impact of the coronavirus on its business. The securities...
Analysts Say U.S. Restrictions Unlikely to Hurt Ant Group’s $35 Billion IPO
Oct 8 2020 // Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and...
Russia-Backed Hackers Behind Most Nation-State Cyber Attacks: Microsoft
Oct 2 2020 // Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company. Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its...
Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm
Sep 28 2020 // Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to expand its offshore asset management business as competition with foreign entrants...
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index
Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...
Chinese Companies Lag Far Behind in Climate Risk Disclosure
Sep 24 2020 // A report on the current state of climate risk disclosures among the largest companies in China and the United States found that Chinese companies lag significantly behind their global peers in the S&P 500 in climate...
U.S. Prosecutors Charge 7 in Alleged Multi-Target Chinese Hacking Scheme
Sep 17 2020 // The U.S. Justice Department said on Wednesday it has charged five Chinese residents and two Malaysian businessmen in a wide-ranging hacking effort that encompassed targets from video games to pro-democracy...
China’s Communist Party Seeks Greater Loyalty From Private Sector
Sep 16 2020 // China’s ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world’s second-largest economy grapples with growing external risks, from open U.S. hostility to...
China Tightens Rules Governing Financial Holding Firms
Sep 14 2020 // China issued new rules on Sunday to regulate financial holding companies, in its latest move to prevent systematic risks to the nation’s vast financial sector. The new rules were set to stem loopholes in supervision...
China Counters U.S. ‘Clean Network’ With Own Global Data Security Initiative
Sep 10 2020 // China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that is aimed at discouraging other countries from using Chinese technology. Foreign...
China Offers Experimental Coronavirus Vaccines to Aviation Frontline Workers
Sep 4 2020 // China has offered experimental coronavirus vaccines to aviation industry workers, according to a regulatory notice seen by Reuters, in a push to inoculate high-risk groups to prevent a possible resurgence as economies...
Search for Crew from Capsized Cattle Ship Continues; Records Reveal Ship Defects
Sep 4 2020 // A crewman from a cattle ship that capsized enroute from New Zealand to China has died after being pulled unconscious from water by the Japanese coastguard on Friday, while it emerged the vessel had a history of mechanical...
More Than 40 Crew Members Missing After Ship with 6,000 Cattle Capsizes Off Japan
Sep 3 2020 // More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coastguard said on Thursday. A lone crew member from the Gulf...
Ant’s Mega IPO Sets Up Jack Ma to Escalate War With Nemesis Tencent
Sep 3 2020 // Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17 trillion through its platform — is headed for potentially the world’s largest stock...
