Latest China Headlines

All the headlines from our China Topic Page, ordered by recency.

Negotiations Falter at UN’s Copenhagen Conference on Climate Change

Jan 10 2010 // The United Nations’ Copenhagen Conference on Climate Change strained mightily and produced — a note. Co-authored by the United States and China as a last minute face saver, only five nations signed it. This...

Liberty Mutual Receives China Approval to Open Zhejiang Branch

Jan 7 2010 // Liberty Mutual Group, through its wholly owned subsidiary Liberty Insurance Company Limited (LICL), has been granted approval to establish a branch in Zhejiang by the China Insurance Regulatory Commission (CIRC). Liberty...

Chinese Drywall Lawsuit Filed in Louisiana but Most Claims Are in Florida

Jan 7 2010 // On Jan. 6, the WCI Chinese Drywall Trust, an entity formed in bankruptcy proceedings of residential homebuilder WCI Communities Inc., announced it had filed suit against 14 insurance companies seeking indemnification for...

WCI Chinese Drywall Trust Files Suit Against 14 Insurers

Jan 6 2010 // The Trustee for the WCI Chinese Drywall Trust has filed suit against 14 insurance companies in U.S. District Court, Eastern District of Louisiana, seeking indemnification for losses arising from claims for the development...

Munich Re CEO Slams Copenhagen Failure; Calls for ‘Small Party’ Talks

Dec 29 2009 // Munich Re’s CEO Nikolaus von Bomhard issued a statement on the reinsurer’s web site that left no doubt concerning the disappointment he (and the Group) feel following the failure of the UN’s Copenhagen...

Special Reuters Report: America’s Route to Recovery

Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...

Somali Pirates Receive $4 Million Ransom for Chinese Coal Ship

Dec 28 2009 // A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate source on board the vessel said. The De Xin Hai and its 25 crew were...

Europe Feels Left Out in Cold on Climate Change Deal

Dec 23 2009 // It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset...

China Responds to UK Claims; Says It’s ‘Sowing Discord’ in Climate Talks

Dec 22 2009 // China condemned claims ascribed to Britain’s climate change minister that it had “hijacked” negotiations in Copenhagen (See IJ web site – ,...

UK’s Environment Minister Reported to Accuse China over Climate Talks

Dec 21 2009 // British Environment Minister Ed Miliband has accused China, Sudan, Bolivia and other left-wing Latin American nations of having tried to hijack the U.N. climate summit to stop a deal, the Guardian reported on Monday. The...

U.N. Climate Talks End ‘With a Bare Minimum’ Agreement

Dec 21 2009 // U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the...

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

Dec 20 2009 // It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance...

UN Climate Talks Resume; US Backs $100 Billion Aid Fund

Dec 17 2009 // Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming. Environment...

Allianz Forecasts Emerging Asian Markets to Lead Global Growth in 2010

Dec 10 2009 // An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic...

Louisiana Lawmakers, Regulators Responding to Chinese Drywall Issues

Dec 6 2009 // The controversy over drywall from China is heating up in Washington and in the Southeastern states most affected by the use of the product following the 2004 and 2005 hurricane seasons, including Louisiana. In a letter to...

Official Drywall Problems

Dec 6 2009 // While drywall-related corrosion is clearly evident, the CPSC said long term safety effects are still under investigation. The U.S. Consumer Product Safety Commission is now saying it has found a link between drywall made...

U.S. Finds Strong Link Between Chinese Drywall and Corrosion

Dec 6 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall. The results are from an...

China, Other Big Developing Countries Reject Copenhagen Climate Plan

Dec 3 2009 // China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday. China, the...

U.S. Finds Strong Link Between Chinese Drywall and Corrosion

Nov 24 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall. The results are from an...

Louisiana Commissioner: Help Available for Victims of Chinese Drywall

Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...