Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
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...
China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst
Mar 19 2024 // China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history. The...
China Probes Exposure of HK Units of Banks, Insurers to Local Gov’t Debt: Sources Say
Mar 15 2024 // China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country’s local government debt, three sources with knowledge of the matter said, as...
Tesla to Fix Software in 8,700 vehicles in China Product Recall, Regulator Says
Feb 27 2024 // China’s market regulator said on Friday that Tesla Inc. would fix software in 8,700 vehicles to reduce the chance of accidents. The action involving 1,071 imported Model S and Model X and 7,629 China-produced Model 3...
China Cargo Ship Smashes Through Bridge Sending Vehicles Into River: Reports
Feb 22 2024 // A cargo ship slammed into a bridge in southern China, sending several vehicles tumbling into a river. Two people died and three others were missing after the accident Thursday in Guangzhou, state-run Global Times said on...
Microsoft Says it Caught Hackers From China, Russia and Iran Using its AI Tools
Feb 15 2024 // State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday. Microsoft said in its report...
Chinese Hacking Campaign Aimed at Critical Infrastructure Goes Back 5 Years
Feb 8 2024 // An advanced group of Chinese hackers taking aim at U.S. critical infrastructure have been active for as long as half a decade, American and allied intelligence agencies said in a joint statement on Wednesday. The U.S....
Chinese Ships Get Cheaper Insurance to Navigate Red Sea
Feb 7 2024 // Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red Sea, another sign of how Houthi attacks in the area are punishing the commercial interests of vessels with ties to...
US Disabled Chinese Hacking Network Targeting Critical Infrastructure, Sources Say
Jan 31 2024 // The U.S. government in recent months launched an operation to fight a pervasive Chinese hacking operation that successfully compromised thousands of internet-connected devices, according to two Western security officials...
China Orders Banks, Insurers to Review Cyber and Data Security
Jan 11 2024 // China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and data...
If China Invades Taiwan, It Would Cost World Economy $10 Trillion
Jan 11 2024 // War over Taiwan would have a cost in blood and treasure so vast that even those unhappiest with the status quo have reason not to risk it. Bloomberg Economics estimate the price tag at around $10 trillion, equal to about...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M
Jan 10 2024 // Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108...
China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services
Jan 8 2024 // TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak...
China Sets Tougher Capital Rules for Registering New Firms
Dec 29 2023 // Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to close loopholes in corporate governance and prevent financial risks. The revised law takes...
China Metals Giant Faces Protest in Indonesia After Fatal Blast
Dec 28 2023 // Workers at a Tsingshan Holding Group plant in Indonesia staged a demonstration and demanded new working conditions after an explosion on Sunday that killed at least 19 people. The deadly blast at a furnace run by PT...
China Earthquake Update: 137 People Killed, 12 Still Missing, 207,000 Homes Wrecked
Dec 21 2023 // A dozen people were still missing on Thursday after a 6.2-magnitude earthquake struck northwestern Gansu province late Monday, and netizens questioned the speed at which rescue operations had ended. Chinese media reported...
Death Toll Climbs in China’s Worst Earthquake in Nearly a Decade
Dec 20 2023 // The death toll from China’s worst earthquake since 2014 rose to more than 130 as the government sent a top official to oversee recovery efforts. Some 113 people were killed in mostly rural areas of Gansu province and...
