Best Read China Headlines
Headlines from our China Topic Page with the most time spent reading.
#1 China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Aug 18 2023 // Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else. Now, the secretive shadow banking giant has become the latest symbol of financial fragility in...
#2 Real Estate Titans Battle DeSantis Over China Property Crackdown
Dec 12 2023 // (Bloomberg) — Ron DeSantis rattled corporate America by making Walt Disney Co. a target of his conservative culture wars. Now, the Florida governor’s campaignto rid the state of Chinese influence is fueling a...
#3 Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets
Dec 12 2023 // As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days. The storm, supercharged by the warm July waters of the Pacific, delivered Beijing’s worst...
#4 China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ
Oct 3 2023 // China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported, in the latest case of authorities imposing exit bans on the employees of foreign...
#5 Judge Won’t Block Florida Law Banning Chinese Ownership of Property
Aug 18 2023 // (Reuters) – A U.S. judge in Florida on Thursday declined to block the state’s law barring citizens of China and other “countries of concern” from owning homes or land in the state. U.S. District...
#6 What Are China’s ‘Sponge Cities’ and Why Aren’t They Stopping Urban Floods?
Aug 15 2023 // China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well as raising questions about the effectiveness of its 2015 “sponge city”...
#7 OSHA Fines Boston’s Dumpling Maker Chinese Spaghetti Factory $190K
Jul 25 2023 // When federal workplace safety inspectors returned to a Boston food plant in March 2023, they said they discovered the plant’s operator — Chinese Spaghetti Factory Inc. — still had not installed required safety...
#8 Microsoft Says Compromise of Engineer’s Account Led to Chinese Hack of US Officials
Sep 7 2023 // The recently disclosed Chinese hack of senior officials at the U.S. State and Commerce departments stemmed from the compromise of a Microsoft engineer’s corporate account, Microsoft Corp. said in a blog post on...
#9 US Congressman Says Chinese Spies Hacked His Emails
Aug 16 2023 // Nebraska Republican Congressman Don Bacon said late on Monday the FBI had warned him that his emails were hacked by Chinese spies, with both personal and campaign messages compromised. Bacon was told that the Chinese...
#10 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...
#11 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...
#12 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...
#13 China Weighs Record Fine for PwC Over Evergrande Audit Work
May 30 2024 // China is poised to impose a record fine on PricewaterhouseCoopers LLP and suspend some of the global auditor’s local operations over its role in one of the nation’s biggest alleged financial fraud cases,...
#14 FBI Says Chinese Hackers Preparing to Attack US Infrastructure
Apr 19 2024 // Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. An...
#15 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...
#16 US Lawmakers Grill Microsoft President Over China Ties, Hacks
Jun 17 2024 // Microsoft President Brad Smith fielded questions about the tech giant’s security practices and ties to China at a House homeland security panel on Thursday, a year after alleged China-linked hackers spied on federal...
#17 PwC Starts Mass China Layoffs After Losing Dozens of Clients
Jul 10 2024 // PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of corporate clients diminished the accounting firm’s revenue prospects in the...
#18 US Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy
Jun 4 2024 // A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really...
#19 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...
#20 Ex-Chairman of Top China Insurer Given Suspended Death Sentence
Sep 13 2023 // China sentenced the former head of the nation’s largest life insurer to death with a two-year reprieve, as President Xi Jinping’s crackdown on corruption in the financial industry continues. Wang Bin,...
