Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Alibaba’s Grand Vision for E-Commerce Empire Includes Insurance
Apr 3 2014 // Alibaba, the world’s biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country’s services industry, adding new users to...
Ratings Roundup: Malayan Insurance, China Taiping, Energas
Apr 3 2014 // A.M. Best has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Philippines-based Malayan Insurance Co., Inc. (MICO), both with stable outlooks. The...
Hunt for Missing Flight MH370 ‘Bedeviled by Regional Rivalries’
Mar 31 2014 // The search for flight MH370, the Malaysian jetliner that vanished over the South China Sea on March 8, has involved more than two dozen countries and 60 aircraft and ships but been bedeviled by regional rivalries. While...
Malaysia Jet Search Shifts, as New Lead Shows It Flew Shorter Distance
Mar 28 2014 // The three-week hunt for Malaysian Air Flight 370 focused on a new area in the Indian Ocean today after radar data indicated the plane probably flew a shorter distance than earlier estimated. The new lead was based on...
China Regulators Order Insurers to End Smog Coverage
Mar 27 2014 // Chinese regulators have told the country’s two largest insurers to stop selling coverage against smog, a week after such policies were launched, the China Daily reported on Thursday. The newspaper did not say why the...
Malaysia Jet’s Mystery Disappearance Leaves Liability Riddles
Mar 25 2014 // As the final hours of Malaysian Air Flight MH370 remain wrapped in mystery, the question of who bears full liability for the jet’s disappearance is also unresolved. This much is clear: Families of the 227 passengers...
China’s Ping An Teams up with Travel Site to Sell Smog Insurance
Mar 19 2014 // Ping An Insurance Group Co., China’s second-biggest insurer, is collaborating with Ctrip.com International Ltd. to sell smog insurance to tourists traveling to Beijing and six other Chinese cities. Travelers in...
MAPFRE Details Future Plans – U.S. Expansion, Increased Operating Revenue
Mar 17 2014 // Spanish insurance group MAPFRE’s Chairman and CEO, Antonio Huertas, referred to the strategic objectives for the next three years, as he announced the highlights at its Annual General Meeting. The group forecast...
Investigators Focus on ‘Deliberate Diversion’ of Missing Plane – Sources
Mar 14 2014 // An investigation into the disappearance of a Malaysia Airlines jetliner is focusing more on a suspicion the flight was deliberately diverted, as evidence suggests it was last headed out over the Andaman Islands, sources...
China’s Ping An Declines after Profit Trails Estimates
Mar 14 2014 // Ping An Insurance (Group) Co., China’s second-biggest insurer, fell to the lowest in more than a month in Hong Kong trading after reporting profit that trailed analysts’ estimates. The shares fell 1.1 percent...
Confusion as Search for Missing Malaysian Jetliner Spreads across SE Asia
Mar 12 2014 // The search for a missing Malaysia Airlines jetliner expanded on Wednesday to cover a swathe of Southeast Asia, from the South China Sea to India’s territorial waters, with authorities no closer to explaining what...
Best Finds Gulf Growth Outpacing Developed and Other Emerging Markets
Mar 11 2014 // A new report from A.M. Best concludes that “growth rates in the insurance markets of Gulf Cooperation Council (GCC) countries remain higher than those of developed markets and have kept pace with those of some key...
UN Says China, U.S. Climate Cooperation Raises Hopes for Global Deal
Mar 6 2014 // Closer cooperation between China and the United States, the top two greenhouse gas emitters, on combating global warming is boosting prospects for a U.N. deal meant to be agreed next year, the U.N.’s climate chief...
Ratings Roundup: China Taiping (UK), Quálitas
Feb 28 2014 // A.M. Best has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to China Taiping Insurance (UK) Company Limited (CTIUK), both with stable outlooks Best said...
Urbanization, Mobility, Gridlock and Predictions of ‘Peak Car’
Feb 24 2014 // The world that Henry Ford put on wheels is poised for a stall. In the globe’s growing megacities, pollution and gridlock are putting a damper on driving. In India, some commuters are leaving their cars at home to...
Federal Appeals Court: U.S. Has Jurisdiction in Chinese Drywall Suits
Feb 13 2014 // U.S. courts have jurisdiction over claims that a Chinese drywall company’s defective product wrecked homes, and a company that failed to show up in court must pay $2.7 million for damage to seven Virginia couples, a...
U.S. Submits 2015 Global Climate Wishlist to United Nations
Feb 13 2014 // The United States on Wednesday submitted to the United Nations its vision for a new international climate agreement that is “built to last,” outlining what it thinks should be the main elements of a climate...
China Insurance Official asked JPMorgan’s Dimon for Job ‘Favor’ – NYT
Feb 12 2014 // China’s top insurance regulator directly asked JPMorgan Chase & Co CEO Jamie Dimon to hire a family friend as a “favor,” The New York Times reported, citing a confidential email. The latest media...
Global Shipping Industry Sees an End to Five-Year Downturn
Feb 10 2014 // The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight rates since the end of a shipping boom in 2008. Dry cargo ships...
The ‘Switching’ Economy: Consumers Open to Buying Insurance from Google, Amazon, Verizon
Feb 7 2014 // New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying...
