Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions
Jan 29 2020 // Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities
Jan 29 2020 // Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a...
Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus
Jan 28 2020 // Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more...
How China’s Coronavirus Will Test the U.S., Too: Opinion
Jan 27 2020 // As the Wuhan coronavirus spreads to America, it now seems quite possible the United States will face some considerable logistical challenges. Even if the virus turns out not to be very deadly, or mutates into a safer form,...
New Coronavirus Outbreak: Marsh Recommends Immediate Steps for Multinationals
Jan 24 2020 // The effects on multinational businesses from a potentially worsening Wuhan coronavirus outbreak could be severe, which is why they need to review, test and potentially update plans related to business continuity, crisis...
China’s New Coronavirus Doesn’t Always Cause a Fever so Detection May Be Difficult
Jan 24 2020 // China’s new deadly virus is more difficult to contain than other pandemics because those infected may not get a fever, a symptom governments around the world are using to screen for the pathogen. The National Health...
Trump Says U.S. Has Plan to Contain Coronavirus
Jan 22 2020 // President Donald Trump said on Wednesday that the United States has a plan in place to contain the coronavirus outbreak. Speaking on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Switzerland,...
Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus
Jan 22 2020 // Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals. The previously unknown...
Korean Re Gets Chinese Approval to Open Shanghai Branch
Jan 21 2020 // Korean Re has completed the establishment of a branch office in Shanghai as the company received final approval from the authorities of the People’s Republic of China on Dec. 27, 2019. The new office in Shanghai will...
China’s Mysterious Respiratory Virus Spreads to Health Workers, Different Countries
Jan 21 2020 // China’s mysterious respiratory virus has caused six deaths and infected a number of medical workers, a sign the outbreak has entered a new phase with the illness spreading from person to person. Health-care workers...
Chinese Regulator Gears Up for Opening of Financial Sector – and Foreign Competition
Jan 16 2020 // Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, after China and the United States signed a...
China’s Fosun Considers Sale of German Insurer Frankfurter Leben: Sources
Jan 16 2020 // Chinese conglomerate Fosun International Ltd. is exploring options including a potential sale for its German insurance business Frankfurter Leben Holding GmbH, people with knowledge of the matter said. Fosun has held talks...
Finance, Insurance Sector ‘Wins’ in U.S.-China Trade Deal Seem Familiar
Jan 15 2020 // The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many of the changes were already in the works, with Beijing having stepped up the...
What the New U.S.-China Trade Agreement Says on Insurance
Jan 15 2020 // President Donald Trump and Chinese Vice Premier Liu He signed an economic and trade agreement that promises to increase the agricultural and other goods and services China will buy from the U.S. by $200 billion. For its...
Insurance Journal’s Top 10 Cyber Risk Stories of 2019
Jan 7 2020 // Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said...
China Will Begin in Earnest in 2020 to Open Its Great Financial Wall
Dec 30 2019 // China’s big bang opening of its $45 trillion financial industry begins in earnest next year — a step-by-step affair that’s unfolding just as economic strains threaten the promised windfall luring in...
Why the Worst Case for Climate Change Doesn’t Look Realistic: Viewpoint
Dec 27 2019 // In recent years, much of the commentary about climate change has gone from sternly serious to wildly despairing. A new report from the United Nation’s Intergovernmental Panel on Climate Change warns that the effects...
Vietnam-Linked Hackers Steal Intellectual Property from Competitors: Experts
Dec 24 2019 // A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber attacks to spy on competitors and help Vietnam catch up to global competitors, according to cyber-security...
Chinese Hacking Group Resumes Global Attacks on Companies, Agencies
Dec 19 2019 // A Chinese government-linked hacking group that was thought to be dormant has been quietly targeting companies and government agencies for the last two years, harvesting data after stealing passwords and circumventing...
Alibaba Unveils Management Changes Including CEO for Ant Financial
Dec 19 2019 // Alibaba Group Holdings Ltd. and finance affiliate Ant Financial unveiled a series of management changes, including a new chief executive officer for Ant, as they seek to boost expansion overseas and tighten coordination...
