Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Magnitude 6.2 Quake Kills More Than 100 in China’s Northwest
Dec 19 2023 // Chinese leader Xi Jinping called for efforts to minimize casualties after an impoverished region in the northwest was hit by an earthquake that left more than 100 people dead. The 6.2-magnitude quake late Monday killed 105...
Britain’s National Grid Drops China-Based Supplier Over Cyber Security Fears: FT
Dec 18 2023 // Britain’s National Grid has started removing components supplied by a unit of China-backed Nari Technology from the electricity transmission network over cyber security fears, the Financial Times reported on...
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...
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...
China Offers Insurance to Rubber Producers to Encourage Higher Output
Dec 11 2023 // China’s government said on Monday it has started offering insurance for natural rubber producers, to encourage higher output and increase the country’s self-sufficiency rate in producing the latex used to make...
German Companies Seeking to Cut Risk of Doing Business in China: Survey
Dec 5 2023 // Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely due to growing geopolitical tensions, according to a new survey by the German Chamber of Commerce in...
Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End
Nov 28 2023 // Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end of 2023, according to a statement on its official social media account on Tuesday. (Reporting by Albee Zhang...
China’s Ping An Sold Stake in Country Garden, Has No Plans to Buy the Troubled Firm
Nov 8 2023 // Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, refuting a report that sent the insurance giant’s stock...
Alibaba’s Ant Receives Chinese Government Nod to Roll Out AI Services
Nov 7 2023 // Ant Group Co., the fintech affiliate of Alibaba Group Holding Ltd., received approval from the Chinese government to roll out products powered by its large language model Bailing to the public. Bailing will be applied to...
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks
Nov 1 2023 // China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat of support measures to revitalize the country’s stock market. The Ministry of Finance will...
Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports
Nov 1 2023 // A Chinese court has ruled a Tesla Inc. vehicle wasn’t the cause of a 2022 accident that killed two people and injured three others, Shanghai Securities News reported. The automaker had sued a social media influencer...
Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024
Oct 30 2023 // Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International...
Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship
Oct 26 2023 // Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s prosecutor general said, after Finland blamed damage to a nearby pipeline on a...
Derisking Dilemma: How German Companies Are Tackling China Risk
Oct 19 2023 // Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and...
Economic Losses From China Disasters Reach $42B in First Nine Months of 2023
Oct 10 2023 // China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms...
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...
EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws
Sep 19 2023 // European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies have to undergo, European Commission Vice President...
Chinese Police Detain Staff of Evergrande Unit as Property Crisis Enters New Phase
Sep 18 2023 // Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has entered a new phase...
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,...
China Relaxes Rules for Insurers to Invest in Stock Markets
Sep 12 2023 // China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country’s lagging...
