Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
China, India, Brazil Join U.S. As Among Biggest Contributors to Global Warming
Jan 17 2014 // China, India and Brazil — three of the largest developing nations— joined the U.S. in a list of the biggest historical contributors to global warming, according to a study by researchers in Canada. Seven nations...
China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion
Jan 10 2014 // China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36 billion), beating out U.S. buyout firm Apollo Management International...
Ratings: Hamilton Re, ACR Re, Bahamas First, China Taiping (NZ), Peak Re, Solid
Dec 24 2013 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Hamilton Re,...
‘Crouching Tiger’ Actress Settles Website Claim in Southern California Court
Dec 18 2013 // “Crouching Tiger, Hidden Dragon” star Zhang Ziyi settled a lawsuit for libel against a U.S.-based Chinese news website, which today apologized for false reports that she had sex with Chinese officials including...
China Eases Rules to Boost Yuan-Denominated Foreign Investment
Dec 17 2013 // China’s commerce ministry has simplified rules to make it easier for foreign firms to use Chinese renminbi they raise offshore to invest in the mainland, the latest effort to broaden the currency’s...
AIG to Sell Aircraft Leasing Unit ILFC for $5 Billion
Dec 16 2013 // American International Group Inc. agreed to sell the world’s second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the business. AerCap will...
Chinese Hackers Spied on Europeans before G20 Meeting: Research Firm
Dec 11 2013 // Chinese hackers eavesdropped on the computers of five European foreign ministries before last September’s G20 Summit, which was dominated by the Syrian crisis, according to research by computer security firm FireEye...
TPP Trade Pact Misses Deadline as More Talks Planned for January
Dec 10 2013 // Ministers negotiating the 12-nation Trans-Pacific Partnership trade pact said today they would miss a year-end deadline to complete the deal. “We identified potential landing zones for the majority of key outstanding...
Obama Product Safety Chief Tenenbaum Returns to South Carolina
Dec 6 2013 // After four years in Washington as the nation’s products safety czar, Inez Tenenbaum is coming home to the Columbia area, her life changed in ways large and small. “Now I’m always giving advice unsolicited...
China, India Succeed in Weakening Warsaw Global Warming Pact
Nov 26 2013 // China and India’s success in weakening the latest global warming agreement created friction with other developing nations that are seeking to step up the fight against climate change. The two countries insisted on...
China Pushes Child Safety Seats to Cut Road Deaths
Nov 25 2013 // China lost almost three times as many children in car accidents as the U.S. last year, even though it has fewer than half the number of vehicles. The government increased penalties this year for failing to fasten seat...
Global Warming Pact Expected from Warsaw Talks
Nov 22 2013 // Envoys from 190 nations are close to agreeing upon the first building blocks for the next treaty aimed at fighting global warming, sketching the way to worldwide cuts in fossil-fuel emissions. The delegates, due to finish...
UPDATE: Swiss Re Buying Zurich’s Stake in New China Life for $493 Million
Nov 21 2013 // Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent stake in New China Life Insurance Company Ltd, in a move it described as reaffirming its...
Zurich Insurance Seeks $943 Million for Stake in New China Life
Nov 20 2013 // Zurich Insurance Group AG is selling its entire stake in New China Life Insurance Co. for $943 million, or HK$25 a share, according to the terms of the deal obtained by Bloomberg News. Switzerland’s biggest insurer...
World Falling Behind in Race to Cut Carbon Emissions: Study
Nov 20 2013 // The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals from the United States and China, a study showed on Wednesday. A Climate Action Tracker...
Philippine Disaster Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses
Nov 18 2013 // The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European Union are...
China Weighs Easing Rules on Animal Testing of Cosmetics
Nov 15 2013 // China is considering a rule change that would allow the sale of some cosmetics without requiring them to be tested on animals, opening up a potential route into the Chinese market for international firms opposed to the...
Europe Urged to Retain Climate Leadership As Competitive Advantage
Nov 15 2013 // Europe’s abdication from climate leadership would stunt growth in the region and hand a huge economic advantage to China and the United States as they carve out their share of a multi-billion low-carbon market, a...
Much of Eastern Asia Underinsured for Weather As Risk, Values Rising
Nov 13 2013 // Insured losses from weather-related events in Eastern Asia amount to only about 10 percent of the $700 billion in total losses accumulated over the last three decades, according to an analysis by Munich Re. According to...
UPDATE: AIR Worldwide on Typhoon Haiyan’s Catastrophic Destruction
Nov 11 2013 // According to catastrophe modeling firm AIR Worldwide, in the three days since Super Typhoon Haiyan roared through the central Philippines, the scale of the devastation revealed in its wake continues to...
