Trending China Headlines

The most viewed headlines from our China Topic Page over the last 30 days.

#1 PwC Starts Mass China Layoffs After Losing Dozens of Clients

Jul 10 2024 // PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of corporate clients diminished the accounting firm’s revenue prospects in the...

#2 Natural Disasters Cost China $13 Billion in January-June

Jul 15 2024 // Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half of this year, with almost 33 million people affected, the government said on...

#3 PwC Weighs Halving of China Financial Services Audit Staff, Sources Say

Jul 16 2024 // PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of clients darken...

#4 Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says

Jun 25 2024 // A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity...

#5 What Is China’s Planned Financial Stability Law and How Will It Work?

Jul 3 2024 // China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing’s broader efforts to prevent systemic financial risks in...

#6 China Refines Financial Stability Law to Strengthen Risk Prevention

Jul 2 2024 // China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday. Revisions to the draft bill underwent the second round of...