Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China’s Alibaba Blasted by State Media for Delay in Handling Sexual Assault Accusation
Aug 10 2021 // SHANGHAI – China’s biggest online commerce firm, Alibaba Group Holding Ltd, on Monday said it had fired a manager accused of sexual assault, and promised policies to prevent sexual harassment, but was blasted by...
Investors Wary in Short-Term of China’s Unpredictable Regulation
Aug 9 2021 // The unpredictability of China’s regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education sectors, global fund...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway
Aug 5 2021 // A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center in China, according to the California firm, Plus, that provided the driverless...
China Regulator Urges Insurers to Expand Natural Disaster Coverage
Jul 29 2021 // BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public...
Update: China’s Financial Hub of Shanghai at Virtual Standstill as Typhoon Makes Landfall
Jul 26 2021 // Typhoon In-Fa, the powerful storm battering regions around Shanghai, has forced some of the world’s biggest shipping ports to halt operations until at least Tuesday. All of Shanghai’s ports and some in...
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities
Jul 22 2021 // Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe. At least 25 people in the central Chinese province of Henan...
China’s Henan Province Braces for More Rain After Severe Floods Kill at Least 33
Jul 22 2021 // China’s Henan province is bracing for more heavy rain after severe flooding that sparked large-scale evacuations left at least 33 dead, while minor disruptions to manufacturing and commodity production continued. The...
Update: China Province Deluged by 1,000-Year Flood, with Rising Death Toll
Jul 21 2021 // BEIJING – At least least 25 people have died in China’s flood-stricken central province of Henan, a dozen of them in a subway line in its capital Zhengzhou, and more rains are forecast for the region. About 100,000...
U.S. and Allies Accuse China of Global Cyber Espionage
Jul 20 2021 // The United States and its allies accused China on Monday of a global cyber espionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacking. The United States was joined by...
China Plans to Sell Controlling Stake of Revamped Anbang (Now Called Dajia) for $5.2B
Jul 19 2021 // Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity of embattled Anbang Insurance Group, for 33.6 billion yuan ($5.19 billion), according to an auction...
Chaucer Forms Lloyd’s Consortium for Firms Working on China’s Belt & Road Initiative
Jun 24 2021 // Chaucer, the London-based specialty re/insurance group, announced the launch of a new Belt and Road Consortium at Lloyd’s, which initially will underwrite political violence risks, with future solutions in...
Gas Buildup at China Nuclear Plant Prompts Questions from Part Owner EDF
Jun 15 2021 // The French utility that partly owns a nuclear power plant near Hong Kong is seeking more information on a gas buildup in a reactor, even as its Chinese partner insists the facility is operating safely. Electricite de...
China Regulator Orders Large Insurers, Banks to Prepare ‘Living Wills’ to Handle Risks
Jun 10 2021 // BEIJING — China’s banking and insurance watchdog issued rules on Wednesday requiring sizable banks and insurers to prepare recovery plans in the unlikely event that they run into financial trouble, as the regulator...
China Insurtech Waterdrop Raises $360M in New York IPO: Reuters
May 7 2021 // Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in its New York initial public offering (IPO), according to two sources with direct knowledge of the...
WHO Says China’s Vaccine Prevents COVID But Questions Data on Side Effects: Reuters
May 6 2021 // WHO experts have voiced “very low confidence” in data provided by Chinese state-owned drugmaker Sinopharm on its COVID-19 vaccine regarding the risk of serious side-effects in some patients, but overall...
Crews Complete Transfer of Cargo on Tanker Off China Coast
May 5 2021 // Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can sail to a Chinese repair yard, the ship’s manager said on Wednesday. The A Symphony was anchored...
Chinese Insurtech Waterdrop Seeks $360M in New York IPO
May 3 2021 // HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed by...
Fidelity Slashes Valuation of Restructured Ant Group of China
May 3 2021 // U.S. asset manager Fidelity Investments has cut its valuation of Chinese financial technology giant Ant Group in half in its latest filings assessing the worth of the shares its funds hold in the group, the Wall Street...
China Continues Crackdown on Fintech Firms
Apr 30 2021 // BEIJING — Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the...
China Drafts Rules on Security of Data From Connected Vehicles
Apr 29 2021 // China published draft rules on Thursday to ensure the security of data generated by connected vehicles, as the proliferation of smart cars such as Teslas, fuels concerns about privacy and national security. Last month,...
