Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China Extends Industrial Power Cuts as Drought, Heatwave Threaten Wider Disruptions
Aug 22 2022 // Sichuan’s worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut down...
China Sentences Tycoon Xiao to 13 Years, Fines His Financial Services Group $8.1 Billion
Aug 19 2022 // A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his Tomorrow Holdings conglomerate 55.03 billion yuan ($8.1 billion), a record in...
U.S. Businesses in Taiwan See Limited Impact From Tensions With China
Aug 19 2022 // Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on...
AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China
Aug 8 2022 // Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it expands business in China, according to people familiar with the matter. The Hong Kong-based insurer is considering...
China’s Military Drills Force Shippers to Reroute Vessels to Avoid Taiwan Danger Zones
Aug 4 2022 // Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the strait. Taiwan said China fired 11 missiles in waters around...
China’s Tough COVID Policy Still Drags on Economy
Jul 15 2022 // China has been tweaking its stringent COVID curbs but shows no sign of backing off from its “dynamic zero” policy, and has lagged in vaccination efforts that would enable it to do so, casting a heavy shadow...
Scrutiny of Alibaba in Record Cyber Breach May Ensnare All China Tech
Jul 15 2022 // Questions surrounding Alibaba Group Holding Ltd.’s role in China’s largest known cybersecurity breach may fuel Beijing’s resolve to clamp down on domestic tech giants and accelerate a move away from their...
China Moves to Improve Domestic, International Standards Across Industries
Jul 11 2022 // China on Friday published an action plan to improve domestic standards across industries while increasing its participation in international standard-setting, from smart cities to food safety. The plan details the tasks to...
China Regulator Says Banks, Insurers to Go ‘All Out’ to Bolster Lending
Jul 11 2022 // An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times to stabilize the economy, while banks and insurers will “go all...
China Is Trying to ‘Ransack’ Western Companies, FBI Head Warns
Jul 7 2022 // FBI Director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate key industries, escalating a dispute between the world’s two...
China Digital Campaign Used Social Media to Target Mining Firms: Report
Jun 30 2022 // A pro-China propaganda campaign used fake social media accounts to try to stir up opposition, including protests, against mining firms that challenge China’s business interests, U.S.-based cyber-security firm...
China Launches Disaster Insurance Trials in 6 Cities Affected by Floods in 2021
Jun 28 2022 // China’s third-most populous province Henan will launch pilot programs for catastrophe insurance in six cities that were the hardest hit by historic floods last summer. Aside from its capital Zhengzhou, trials are to...
Marijuana Banking Overhaul Removed from China Competition Bill
Jun 24 2022 // Lawmakers have dropped language aimed at making banking services easier for state-authorized marijuana businesses from a bill on US innovation and China competitiveness. The broad House-passed legislation included the SAFE...
Flood Alert in China’s Manufacturing Hub at Highest Level
Jun 24 2022 // China’s manufacturing hub of Guangdong raised its flood warning to the highest level due to the worst rains in decades, spurring more evacuations and threatening further supply chain disruptions in an economy reeling...
VW Faces Scrutiny Over China Human Rights Violations With Insurance Implications
Jun 20 2022 // Volkswagen AG faces mounting pressure to address allegations of human rights violations in the Chinese province of Xinjiang, where the German carmaker operates a car factory. While there’s no evidence that anyone has...
China Signals Ant’s Reemergence in Accepting Financial Holding Company Plan: Reuters
Jun 17 2022 // HONG KONG, June 17 (Reuters) – China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a...
China’s Zero-COVID Policies Prompt U.S. Firms in Shanghai to Cut Forecasts: Survey
Jun 15 2022 // SHANGHAI – Over 90% of U.S. multinational firms surveyed by the American Chamber of Commerce (AmCham) in Shanghai have cut their annual revenue projections in the wake of the city’s grueling two-month lockdown, the...
Historic Levels of Rainfall Cause Floods in Central China, Killing at Least 10
Jun 10 2022 // At least 10 people have been killed and three are missing in flooding in the central Chinese province of Hunan, while a landslide buried parts of a village in the southern Guangxi region, state media reported. Storms have...
Risky Ship-to-Ship Transfers Keep Russian Oil Moving to China
May 26 2022 // A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia. Buyers are using...
Former Executive of PICC Property & Casualty Expelled From China’s Communist Party
May 25 2022 // China’s ruling Communist Party has expelled a former chief accountant of state-controlled PICC Property and Casualty Co. from the party, accusing him of illegal activities and taking bribes, the anti-graft watchdog...
