Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
AIG Signs Cooperation Pact With Chinese Insurer
Dec 22 2000 // American International Group has formed a strategic alliance with Pingan Insurance Company of China, that provides for each company to use the other’s sales and service network. AIG will use Pingan’s facilities...
Chinese Companies Conclude Bancassurance Pact
Dec 21 2000 // Taking notes from their Western peers, the Industrial and Commercial Bank of China and the Huatai Insurance Company have signed a cooperation agreement to begin providing services which are remarkably similar to the...
Chinese Insurers Look To Public Offerings, as Earnings Increase
Dec 13 2000 // While foreign companies line up to enter the Chinese insurance market, China’s domestic insurers are doing so well that they’re looking to public offerings to raise additional funds. According to a report from...
China/WTO Talks in Final Stage
Dec 6 2000 // Chinese officials are meeting in Geneva this week with representatives of the World Trade Organization in what many observers believe will be the final round of negotiations leading to China’s entry into the global...
China Licenses Joint Life Ventures
Nov 22 2000 // Chinese regulatory authorities further opened the insurance market to foreign companies, announcing that John Hancock had received the go ahead for its planned joint venture with Tainan Insurance Co., and permitting Swiss...
China To Admit Insurers After Joining WTO
Nov 10 2000 // Chinese authorities have indicated they intend to license up to 12 foreign insurance groups upon China’s accession to the World Trade Organization (WTO). Under terms China agreed to in negotiations with the U.S. and...
AIG Forms Alliance With Bank of China
Nov 2 2000 // In a move which will further strengthen its already powerful position in the Chinese market, American International Group (AIG) announced that it has concluded a broad cooperation agreement with the Bank of China, the...
EU-China Resolve Insurance Impasse
Oct 30 2000 // Chinese and EU negotiators have apparently reached agreement on granting an additional 7 licenses to European insurers, as agreed in principle last May when the bilateral accords were reached between the two as part of the...
China-EU Summit Opens
Oct 23 2000 // The annual summit meeting between the Chinese Government and the high level members of the European Union currently taking place in Beijing has so far failed to produce any new breakthrough which would assure China’s...
Barshefsky In Beijing – Seeks To Break China/WTO Impasse
Oct 12 2000 // Chief U.S. trade negotiator Charlene Barshefsky made an unscheduled trip to Beijing to meet premier Zhu Rongji in an apparent effort to break the impasse which has developed between Chinese and WTO negotiators in Geneva...
President Clinton Signs China PNTR Bill
Oct 11 2000 // On Tuesday night President Clinton signed into law the bill granting China Permanent Normal Trading Relations (PNTR), opening a new era between the U.S. and the People’s Republic, and furthering China’s bid to...
SENATE GRANTS CHINA PNTR STATUS
Oct 9 2000 // The U.S. Senate passed a bill granting China permanent normal trading relations (PNTR), thus clearing one of the final obstacles to the entry of the world’s most populous nation into the World Trade Organization...
New Chubb China Office To Serve Foreign Investors P/C Needs
Sep 29 2000 // Federal Insurance Company, a subsidiary of The Chubb Corp., officially opened a wholly owned branch office in Shanghai to “focus on the non-life insurance market for foreign-invested enterprises in...
Senate Approves PNTR Deal With China
Sep 20 2000 // As expected the U.S. Senate passed the bill granting China permanent normal trading relations (PNTR), thus clearing one of the final obstacles to the entry of the world’s most populous nation into the World Trade...
Chubb China License Finally Approved
Aug 16 2000 // Chubb Corp.’s license to do business in China has finally been approved after a lengthy delay . The Chinese originally agreed to issue licenses to Chubb and John Hancock in April of 1999, but tensions between the...
New State Farm Ad Campaign Targets West Coast Chinese Market
Aug 10 2000 // State Farm Insurance announced the launch of an advertising campaign targeting the Chinese community in San Francisco, Los Angeles and Toronto. The new marketing campaign will include television, print and radio ads that...
China Reviewing Aegon License
Jul 6 2000 // China is considering allowing Aegon’s Transamerica unit life insurance to operate in China according to a statement made by Aegon CEO Kees Storm. According to a Reuters report, Storm said Chinese Prime Minister Zhu...
CGNU Forms Investment Partnership With Government For China
Jun 19 2000 // CGNU and the U.K. government’s CDC Capital Partners, its emerging market investment agency (formerly the Commonwealth Development Corporation), announced the creation of an investment fund of up to $100 million in...
CIGNA President Calls For Senate PNTR Approval
Jun 6 2000 // CIGNA Corp. President and CEO H. Edward Hanway urged the U.S. Senate to approve the bill passed by the House giving China permanent normal trade relations status (PNTR). While approval by the Senate is widely expected, as...
BREAKTHROUGH IN WTO
May 29 2000 // On May 19, the European Union and China announced that they had reached a compromise on the terms of a trade agreement that would lead to China’s entry into the World Trade Organization (WTO). At issue was EU demands...
