Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Allianz CEO Baete Sees ‘Huge Opportunity’ From Asset Management in China
Nov 17 2022 // Allianz SE sees a “huge opportunity” from asset management in China because the nation needs to diversify overseas investments, its chief executive officer said. Chinese investors need to diversify, which...
Tesla Raises Insurance Incentives in China to Boost Purchases
Nov 8 2022 // Tesla Inc. said it has raised insurance incentives for car orders in China placed before Nov. 30, but reduced them for orders made next month, a move to urge consumers to place orders earlier. The U.S. automaker previously...
China Orders Fresh Lockdown in Industrial Park Around Major Apple iPhone Plant
Nov 3 2022 // China ordered an industrial park that houses an iPhone factory belonging to Foxconn 2317.TW to enter a seven-day lockdown on Wednesday, in a move set to intensify pressure on the Apple supplier as it scrambles to quell...
China’s Regulators Commit to Growth and Reforms, Seeking to Allay Foreign Concerns
Nov 2 2022 // China’s top financial regulators said on Wednesday that economic growth remains a priority and reforms and liberalization would continue, seeking to allay foreign investors’ fears that ideology could take...
China’s Fosun Weighs Options for Hong Kong-Based Peak Re: Sources
Oct 27 2022 // Fosun International Ltd. is weighing strategic options for its Hong Kong-based Peak Reinsurance Co. as the Chinese conglomerate looks to pay down debt, according to people familiar with the matter. Fosun is working with a...
U.S. Official Sees More Aggressive Cybersecurity Threats From Russia, China etc.
Oct 25 2022 // Secretary of Homeland Security Alejandro Mayorkas said the US has observed growing cybersecurity threats both at home and throughout Asia, and is warning against activity coming from Russia, China, North Korea and...
China’s Sunshine Insurance to Seek HK Stock Exchange Nod for $1B IPO: Sources
Oct 18 2022 // China’s Sunshine Insurance Group Co. is planning to seek Hong Kong stock exchange approval for its initial public offering as soon as next week, according to people familiar with the matter. The Beijing-based company...
Chinese Billionaire Settles Minnesota Student’s Rape Allegations
Oct 17 2022 // Chinese billionaire and JD.com founder Richard Liu agreed earlier this month to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of...
Chinese Billionaire Settles Minnesota Rape Allegations
Oct 3 2022 // Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with...
Chinese Hackers Suspected in Tampering With Comm100’s Client-Chat Program
Oct 3 2022 // Suspected Chinese hackers tampered with widely used software distributed by a small Canadian customer service company, another example of a “supply chain compromise” made infamous by the hack on U.S. networking...
Chinese Billionaire Faces Civil Trial in Minnesota Over Alleged Rape
Sep 30 2022 // A Chinese billionaire, one of the richest people in the world, is heading to trial in Minneapolis to defend himself against allegations that he raped a former University of Minnesota student after a night of dinner and...
Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate
Sep 26 2022 // Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan. Lenders including Societe...
Viewpoint: The Chinese Government is Coming for Your Company Secrets
Sep 16 2022 // This content was originally published in Harris Bricken’s China Law Blog. It is republished here with permission. No matter what I do as a lawyer to try to protect my clients’ IP and trade secrets from China,...
Typhoon Muifa Pounds Eastern China With Strong Gales, Rain
Sep 14 2022 // Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local media called the strongest tropical cyclone to hit the populous Yangtze...
Ports in Eastern China at Standstill as Typhoon Muifa Closes In
Sep 13 2022 // Authorities in China’s eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as one of this year’s strongest typhoons is set to make...
China Reopens Roads to Earthquake Epicenter, as Death Toll Rises
Sep 7 2022 // China has reopened roads leading to the epicenter of Monday’s 6.8 magnitude earthquake in the southwestern province of Sichuan and traffic has resumed, state media reported on Wednesday, while the death toll has...
China’s Drought-Hit Regions Now Face Heavy Rains, Flooding
Aug 30 2022 // More than 100,000 people have been moved to safer areas by Monday as heavy rains brought flood risks to a region of southwest China that was devastated by a heatwave and drought for most of the summer. Heavy rain was...
Worst Drought in Decades Threatens China’s Economic Recovery
Aug 24 2022 // Wan Jinjun, a 62-year-old retiree who has swum the Yangtze River almost every day for the past decade in Wuhan, said he’s never seen a drought like this before. An extreme summer has taken a toll on Asia’s...
China’s Ping An Insurance H1 Profit Rises 3.9%
Aug 23 2022 // Ping An Insurance Group Co. of China, China’s largest insurer by market value, reported a 3.9% rise in first half net profit, the first increase over this period in three years, a filing with the Hong Kong stock...
Allianz in Talks With Chinese Banks to Launch Asset Management Venture: Sources
Aug 23 2022 // Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world’s second-largest economy, two people with direct knowledge of the matter said, aiming to tap a $4.3 trillion...
