All the headlines from our China Topic Page, ordered by recency.
Feb 4 2022 // Digital intruders broke into News Corp. email accounts and compromised the data of an unspecified number of journalists, the company disclosed Friday, and the media firm’s internet security adviser said the attack...
Feb 4 2022 // The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations,...
Jan 31 2022 // Chinese authorities summoned officials of AstraZeneca China regarding an investigation of suspected medical insurance fraud by the company’s employees, the National Healthcare Security Administration (NHSA) said on...
Jan 26 2022 // China on Wednesday published revised rules designed to strengthen financial firms’ ability to combat money laundering.The revised rules, which regulates how financial institutions conduct due diligence on clients,...
Jan 12 2022 // Harvard University is not required to pay legal defense fees for a professor who was found guilty of hiding his ties to a Chinese-run recruitment program, Massachusetts’ highest court ruled Monday.In its decision,...
Jan 10 2022 // SHANGHAI – China’s Central Commission for Discipline Inspection (CCDI) has placed Wang Bin, the chairman of China Life Insurance Co. Ltd., under investigation, the bureau said on Saturday.Wang is “suspected...
Jan 4 2022 // GUANGZHOU, China – Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company’s offices in Guangzhou on Tuesday, with many worried that their returns would be...
Dec 30 2021 // HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services.HSBC has got clearance...
Dec 13 2021 // Alibaba Group Holding Ltd. has fired a woman who accused a manager of sexual assault, a surprise move that came just months after China’s e-commerce leader admitted bungling its initial response to the allegation.The...
Dec 8 2021 // Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal business relating to the Lloyd’s China platform (LICCL) with immediate effect...
Nov 30 2021 // China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments...
Nov 30 2021 // BEIJING – China outlined new rules on Tuesday to safeguard the rights of drivers in its giant ride-hailing industry, requiring operators of the services to provide them with social insurance and make their earnings...
Nov 19 2021 // Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re.The partnership between Swiss Re and Baidu aims to further develop the autonomous driving industry...
Nov 18 2021 // Ant Group Co.’s profit rose an estimated 39% in the June quarter, attributed to a gain in investments as billionaire Jack Ma’s fintech giant grapples with the impact of China’s rapidly shifting rules for...
Nov 17 2021 // Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become the first wholly foreign-owned life insurer in China created from a joint venture.Many...
Nov 12 2021 // HONG KONG – Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal Autohome, three people familiar with the situation told Reuters.Ping An, which is currently...
Nov 3 2021 // Hong Kong-based insurer FWD Group has told U.S. regulators it cannot guarantee that Beijing would not seek to “intervene or influence” its operations, adding to its list of risk factors as it tries to push...
Oct 18 2021 // The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country’s largest property developers, Evergrande, appears on the brink of collapse.According to analysts...
Oct 18 2021 // For months in the runup to the 2008 financial crisis, banking heavyweights from Federal Reserve Chair Ben Bernanke on down said the turmoil in subprime mortgages would be “contained.”That phrase is now making a...
Oct 18 2021 // China’s top banking and insurance regulator said it would encourage insurers to accelerate the development of commercial pension products and accident insurance for gig-economy workers such as couriers and takeout...