Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
EU Begins to Tackle Cyber Warfare with Targeted Sanctions
Jul 31 2020 // Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures,...
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
Third Wave of Severe Flooding Expected in China
Jul 27 2020 // China warned that the worst of the deluges that have led millions to be evacuated may be yet to come, after a third wave of floods formed in the upper reaches of the Yangtze River on Sunday. “The flood control and...
German Prosecutors Arrest Ex-Wirecard Execs on Suspicion of Running Criminal Racket
Jul 24 2020 // German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket to fake the company’s accounts and bilk creditors of billions of...
Excessive Floods Endanger Aging Chinese Dams and Could Cause ‘Black Swan’ Disaster
Jul 22 2020 // The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in a collapse that could be a harbinger of sterner tests for many of the country’s 94,000 aging dams as the...
China to Offer Additional Insurance, Financial Support for Flood-Hit Regions
Jul 20 2020 // China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for areas that suffered from recent floods. The China Banking and...
China Regulator Raises Cap on Equity Investments Made by Domestic Insurers to 45%
Jul 20 2020 // China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in equity assets, an effort trying to bring more long-term funds into the capital market. The...
China Takes Over Insurers, Other Firms Linked to Financier Missing Since 2017
Jul 17 2020 // Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a hotel in Hong Kong by Chinese authorities in 2017 and hasn’t been seen in public since. Among the...
Global Insurance Premiums Set to Rebound in 2021 After COVID-Related Dip: Swiss Re
Jul 13 2020 // Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will rebound to pre-crisis levels by the end of 2021, forecasts Swiss Re in its latest sigma...
China Braces for Continuing Floods in One of Worst Rainfall Seasons on Record
Jul 13 2020 // China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted over a month and caused billions of yuan in economic damage. The floods have killed...
Heavy Rains Batter China, Raising Flood Alert Levels for Cities on Yangtze River
Jul 6 2020 // SHANGHAI — The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on Monday as torrential rain and thunderstorms battered swathes of the country, including the...
‘G4’ Swine Flu Virus Is Not New, Does Not Easily Infect Humans: China
Jul 6 2020 // SHANGHAI/BEIJING – China’s Ministry of Agriculture and Rural Affairs said on Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or sicken humans and animals...
Australia to Spend Nearly $1 Billion on Cyber Security During Next Decade
Jun 30 2020 // SYDNEY – Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks. The...
Potential New ‘Pandemic Virus’ Has Been Found in Chinese Pigs, Warns Study
Jun 30 2020 // SHANGHAI – A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential “pandemic virus,” a study said, although experts said...
Cybersecurity Firm Exposes Chinese Tax Software’s Malware That Endangers Networks
Jun 26 2020 // When a U.K.-based technology vendor started doing business in China, it hired a cybersecurity firm to proactively hunt for any digital threats that could arise as part of doing business in the country. The firm discovered...
China Says Food Unlikely to Be Cause of New Virus Outbreak, but Blocks Tyson Imports
Jun 22 2020 // China suspended poultry imports from a Tyson Foods Inc. plant where hundreds of employees tested positive for Covid-19, stoking concerns over the broader implications for U.S. and global meat exports. All products from the...
China Finds Coronavirus Contamination in Seafood and Meat in Beijing Food Market
Jun 19 2020 // China has found the trading sections for meat and seafood in Beijing’s wholesale food market to be severely contaminated with the new coronavirus and suspects the area’s low temperature and high humidity may...
State-Based Hackers Target Australia Government, Critical Infrastructure: Prime Minister
Jun 19 2020 // Australia’s government, health and education services and various industries are being targeted by sophisticated state-based cyber attacks, Prime Minister Scott Morrison said Friday. Morrison said that while the...
Emerging Mkt Infrastructure Projects to Bring Premiums of $50B in Next Decade: Sigma
Jun 18 2020 // Investment in infrastructure development is set to be one of the main drivers of growth in emerging markets after the COVID-19 crisis subsides, according to Swiss Re’s latest sigma report. Emerging markets will...
China Pacific Insurance Co.’s Shares Rise on $1.8 Billion London Market Debut
Jun 17 2020 // Shares in China Pacific Insurance Co. (CPIC) rose on their London debut on Wednesday after the company completed the largest fund raising on the London Stock Exchange in three years, sparking hopes of a revival in the...
