Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Knowing Clean Technology Customers
Oct 6 2014 // In the next 10 years, the clean technology market is expected to increase by more than 60 percent to nearly $400 billion worldwide, according to Clean Edge’s Clean Energy Trends 2014 Report – creating an enormous...
China’s Fosun to Invest in European, Japanese Insurers
Sep 30 2014 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said. “We...
Swiss Re’s Property and Specialty Head on New and Diverse Risks
Sep 26 2014 // Edouard (Eddie) Schmidt is responsible for Swiss Re’s Property and Specialty Sectors around the world, which covers around a lot of ground. He explained how much, and what some of the difficulties he encounters are...
U.S. Jury Finds Arab Bank Liable Under Terrorist Financing Law
Sep 23 2014 // A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian...
Cleaning Up China’s Contaminated Soil: Who Pays?
Sep 17 2014 // Nearly four years after a massive state-run steel mill on the outskirts of Beijing was closed to help cut smog in the Chinese capital, little has been done to clean up the contaminated site. The factory’s idled...
Typhoon Kalmaegi Approaches Hong Kong
Sep 15 2014 // Hong Kong issued its third-highest storm signal for the first time this year as Severe Typhoon Kalmaegi sweeps past China’s financial center. The Hong Kong Observatory raised the No. 8 Storm Signal at 10:30 p.m....
UK to Issue First Renminbi Bond; Lloyd’s of London Gets OK for Beijing Branch
Sep 15 2014 // Britain will become first Western government to issue an offshore bond in China’s renminbi currency, finance minister George Osborne said on Friday, deepening efforts to build financial links with the world’s...
Goldman Leads Wall Street Tapping Taiwan Cash Pile
Sep 10 2014 // Wall Street banks, including Goldman Sachs Group Inc. and Citigroup Inc., are rushing to issue U.S. dollar bonds in Taiwan after a rule change unlocked $586 billion of funds held by the island’s insurance...
Tantrums, Concubines, Hotpot Burns, Smog: China Insurers Have it Covered
Sep 2 2014 // Your child throws a tantrum and smashes something? Take out “naughty child insurance”. Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of the soccer...
After Food Safety Scares, China Retailer Offers Baby Milk Insurance
Aug 22 2014 // A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China. Suning Commerce Group Ltd, which owns...
Ping An Profit Rises 19% on Higher Bank Revenue, Premium Income
Aug 20 2014 // Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit grew 19 percent as premium income climbed and banking revenue increased. Net income rose to 21.4 billion yuan ($3.5 billion), or a...
Fosun Said to Pursue Deal for Swiss Re’s Aurora in the U.S.
Aug 19 2014 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is in talks to acquire a U.S. life insurance arm of Swiss Re Ltd., people with knowledge of the matter said. Fosun is seeking...
Tennessee-Based Community Health Reports 4.5M Records Hacked
Aug 19 2014 // Chinese hackers stole social security numbers, names and addresses from 4.5 million patients of Community Health Systems Inc., the second-biggest for-profit U.S. hospital chain, according to the company. The attacks...
China Investment Firm Fosun Buying Stake In Ironshore
Aug 18 2014 // An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in June. Fosun International Ltd....
Typhoons a Major Cause of Losses in July: Aon Benfield – Impact Forecasting
Aug 7 2014 // The latest edition of Aon Benfield’s Impact Forecasting’s Global Catastrophe Recap report concludes that Super Typhoon Rammasun, which made separate landfalls in the Philippines and China, caused widespread...
Dutch firm Fugro to Lead Australian Subsea Search for Malaysia Airlines Jet
Aug 7 2014 // Dutch oil industry services firm Fugro is to lead Australia’s search of the Indian Ocean seafloor where missing Malaysia Airlines flight MH370 is believed to lie, hoping to solve the mystery of its disappearance five...
Swiss Re Sees Consolidation in Reinsurance amid Price Squeeze
Aug 7 2014 // Swiss Re Ltd. Chief Financial Officer David Cole expects consolidation in the reinsurance market as oversupply of capital squeezes prices. “Selling property and casualty reinsurance is becoming more difficult for us...
Death Toll in Southern China Quake Rises to 589
Aug 7 2014 // The death toll in southern China’s earthquake jumped from 410 to 589 on Wednesday as search and rescue teams found scores more bodies while pushing into isolated mountain communities to clear debris from collapsed...
Shallow M6.1 Earthquake Causes Severe Damage in China: AIR Analysis
Aug 5 2014 // According to catastrophe modeling firm AIR Worldwide the Mw6.1 earthquake that struck south-central China’s Yunnan Province “was the strongest to strike the area in 14 years. The epicenter was near the township...
Strong Earthquake Kills at least 34 in Southern China
Aug 4 2014 // A strong earthquake in southern China’s Yunnan province toppled houses on Sunday, killing dozens of people and injuring more than 100, officials and state media reported. Yunnan’s seismological bureau said 24...
