Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
2nd Chinese Manufacturer Makes Tainted, Carcinogenic Heart Drug: EU
Aug 10 2018 // The European Medicines Agency (EMA) said on Friday that a second Chinese contract manufacturer, Zhejiang Tianyu, had produced a common blood pressure and heart drug with an impurity that could cause cancer. The alarm over...
July’s Droughts, Wildfires, Floods Caused Billions in Global Economic Losses: Aon
Aug 10 2018 // Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture,...
China Recalls Defective Vaccines Exported to Overseas Markets
Aug 9 2018 // Investigators in China have begun recalling defective vaccines produced by a Chinese drugmaker from domestic and overseas markets, health authorities said. Investigators found Changchun Changsheng Life Sciences Ltd. had...
Ping An Eyes Bid For Prudential’s Asia Business, in Biggest Outward M&A: Sources
Aug 9 2018 // Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever...
Hong Kong Insurance Market Attracts Mainland Chinese Seeking Lucrative Pay
Aug 2 2018 // May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong. Drawn by lucrative...
Trump, EU Agree to Trade Talks; Place Auto Tariffs on Hold
Jul 26 2018 // In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing...
Chinese Acquisitions of High-Tech Firms Pose Security Risk: German Spy Chief
Jul 25 2018 // Chancellor Angela Merkel’s top counterintelligence official said Chinese acquisitions of high-tech companies in Germany represent a potential national-security threat. The head of Germany’s top domestic...
China’s Fosun Weighs Acquisition of Belgian Insurer Ageas
Jul 25 2018 // Fosun International Ltd., the Chinese group backed by billionaire Guo Guangchang, is considering an offer for all or parts of Belgian insurer Ageas in what could be its boldest move to expand its international footprint,...
UK Government Officials Identify Security Risks with Huawei’s Telecom Equipment
Jul 20 2018 // Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday. The assessment, made in a report...
China’s Anbang to Sell Overseas Properties Worth $10B in Ongoing Rescue: Sources
Jul 19 2018 // China’s Anbang Insurance Group Co. Ltd. is looking to offload overseas properties worth about $10 billion to shore up its balance sheet as part of a government-backed rescue, three people with knowledge of the matter...
China’s Anbang Weighs Sale of Hexie Health Insurance: Sources
Jul 16 2018 // Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm reviews its assets for possible divestment, according to people familiar with the matter. The insurer is in...
Global Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re
Jul 16 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
China’s Anbang Insurance Eyes Sale of Fidea, as 1st European Divestment: Sources
Jul 10 2018 // Anbang Insurance Group Co. is exploring a sale of Belgian insurer Fidea, people with knowledge of the matter said, in what would be the troubled Chinese insurer’s first European divestment since it was seized by the...
Global Insurance Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re
Jul 6 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
China Formalizes Easing of Foreign Investment Curbs on Range of Industries
Jun 29 2018 // China is slowly following through on pledges to open up to foreigners, as an impending trade war with the U.S. focuses attention on Beijing’s grip over doing business in the world’s second-largest economy. On...
Chinese Tech Firms Seek to Shake Up State-Run Health Sector with AI and Big Data
Jun 29 2018 // In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data. The system, which involves sending information to...
China’s State-Run Insurance Funds Feel Strain of Baby Boom
Jun 28 2018 // Chinese President Xi Jinping wants women to have more babies. That’s proving to be a costly goal. After government-run insurance funds paying for maternity leaves suffered revenue shortfalls for the first time,...
U.S. Missing Out on ‘Huge Economic Opportunity’ of Climate Change Fight: Canada
Jun 22 2018 // Canada has an environmental message for Donald Trump: you can’t stop the global campaign against climate change and you will hurt the U.S. by abandoning the battle. Canadian Environment and Climate Change Minister...
U.S. Allows China’s Oceanwide Purchase of Insurer Genworth
Jun 11 2018 // A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group’s purchase of insurer Genworth Financial, the two companies said on Saturday. The...
Ex-Chairman of China’s Anbang Insurance Files Rare Appeal of Fraud Conviction
May 31 2018 // The former chairman of China’s Anbang Insurance Group Co., Wu Xiaohui, has lodged an appeal against his conviction for fraud and embezzlement that led to a sentence of 18 years in prison, his lawyers said. While not...
