All the headlines from our China Topic Page, ordered by recency.
May 4 2020 // HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner’s 50% stake to own fully the company under the new rules on foreign ownership that came into effect...
Apr 30 2020 // Florida Chief Financial Officer (CFO) Jimmy Patronis has sent a demand letter to Chinese Ambassador to the United States Cui Tiankai demanding financial restitution from the Communist Party of China (CPC) for...
Apr 23 2020 // The state of Missouri filed a lawsuit on April 21 against the Chinese government over the coronavirus, alleging that nation’s officials are to blame for the global pandemic.The lawsuit, filed in federal court by the...
Apr 23 2020 // Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak disrupted its...
Apr 23 2020 // China on Wednesday slammed a lawsuit brought against it by the U.S. state of Missouri over the coronavirus pandemic as “very absurd.”Foreign ministry spokesman Geng Shuang said the legal action has “no...
Apr 17 2020 // Carnival Corp. Chief Executive Officer Arnold Donald defended the company’s safety record on Thursday, telling reporters in a media call that Carnival followed protocols from international authorities while handling...
Apr 17 2020 // At the direction of the Chinese government, domestic insurers started selling business interruption insurance to cover Chinese enterprises against disruptions from the coronavirus outbreak, which may have unintended...
Apr 9 2020 // China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with knowledge of the matter said, as the country pushes ahead in opening...
Apr 1 2020 // BEIJING, April 1 (Reuters) – China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of...
Mar 27 2020 // Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further notice, or asking...
Mar 26 2020 // An attorney who represented victims of the Las Vegas shooting massacre has filed a federal lawsuit against China’s government over the new coronavirus, saying that officials hid information about the outbreak and...
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Mar 18 2020 // AIR Worldwide, the Boston-based catastrophe risk modeling firm, projected the number of severe cases of COVID-19 could range between 200,000 and 900,000 globally, with deaths ranging from 10,000 to 30,500, from now until...
Mar 13 2020 // A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer’s shop to reopen. A waiter at a barbecue restaurant in Kansas City, Missouri,...
Mar 12 2020 // As U.S. President Donald Trump touted the signing of a U.S.-China trade deal in January, he told cash-strapped farmers they would soon need bigger tractors and “a little more land” to meet additional Chinese...
Mar 12 2020 // Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims.Beijing’s efforts to...
Mar 11 2020 // I’ve been wrestling over what to write here for the last several days. Here is a list of different articles that I ultimately rejected for several different reasons. Why losses related to COVID-19 is not covered on...
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage.* More than 110,000 people have been infected by the coronavirus across...
Mar 4 2020 // The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits.Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they...
Mar 4 2020 // Insurance data analytics and risk modeling firm Verisk has converted its Cyber and Casualty Seminar scheduled for March 10 in New York City from an in-person to a free virtual event “out of an abundance of caution...