Latest China Headlines

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

China to End Limits on Foreign Ownership in Financial Sector One Year Early

Jul 2 2019 // China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled, to show the world it will keep opening up its markets, Premier Li Keqiang said on Tuesday.China will...

China’s Swine Fever Losses May Be Twice as High as Officially Reported

Jul 1 2019 // As many as half of China’s breeding pigs have either died from African swine fever or been slaughtered because of the spreading disease, twice as many as officially acknowledged, according to the estimates of four...

China Creates Insurance Group to Take Over Troubled Insurer Anbang

Jun 28 2019 // China has created the new insurance group set to take over the main operations of Anbang Insurance Group Co., the once-acquisitive conglomerate that’s under state control.Beijing-based Dajia Insurance Group, which...

Telecoms Have Lost Vast Data to Chinese Hackers Over 7 Years, Security Firm Says

Jun 26 2019 // Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in a seven-year spying campaign, researchers from a cyber security company said, identifying links to previous Chinese...

Walmart Agrees to Pay $282 Million to End 7-Year Global Bribe Investigation

Jun 21 2019 // Walmart Inc. agreed to pay $282 million in penalties and a Brazilian unit admitted to violating a U.S. anti-bribery law, providing a relatively subdued ending to a seven-year investigation that spanned the globe and at one...

Sen. Rubio Bill Would Block Patent Damage Claims by Foreign Firms on Watch List

Jun 18 2019 // U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co. Ltd. from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc. pay $1...

China’s Fosun Eyes Purchase of Bayer’s Animal Health Business: Sources

Jun 18 2019 // Fosun International Ltd. is considering a bid for Bayer AG’s animal-health business, people familiar with the matter said, a move that could mark a return to big-ticket deals for the Chinese conglomerate backed by...

Geneva Association Elects 4 Board Members from Ping An, Prudential, PICC and Aviva

Jun 17 2019 // The Geneva Association, the global organization of insurance and reinsurance chief executive officers (CEOs), announced the election of four new board members.They are: Yuansiong Lee, co-CEO, Ping An Insurance Co. of...

China ‘Should Focus’ on Financial Market Reforms, Rather Than Punishing U.S. Firms

Jun 14 2019 // China should focus on market reforms and avoid restricting access for U.S. financial firms if the trade war escalates and spills into the financial sector, said a lobby group representing global banks and asset...

Canada Expands Credit Insurance for Canola Exporters as China Dispute Continues

Jun 14 2019 // Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China.China halted purchases of Canadian canola in...

China’s Anbang Insurance to Begin Selling Waldorf-Astoria Luxury Condos

Jun 12 2019 // China’s Anbang Insurance Group Co. is scouring the globe for condo buyers looking for a little — or a lot — of Park Avenue glamour.Four years after buying the famed Waldorf Astoria for a record $1.95...

S. Korea Scrambles to Stop Spread of African Swine Fever After N. Korea Outbreak

Jun 5 2019 // South Korea said Friday that it is scrambling to prevent the spread of the highly contagious African swine fever on its pig industry after North Korea confirmed an outbreak at a farm near its border with China.South...

Alibaba Plans $20B Listing in Hong Kong to Boost Technology Investments: Sources

May 28 2019 // Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New...

China’s Revamp of Anbang Insurance Includes Moving Business to New Company

May 28 2019 // The Chinese government is taking a major step in its efforts to sell a strategic stake in Anbang Insurance Group Co., the acquisitive insurer it took over last year amid a fraud investigation into its former chairman.Under...

China Financial Regulator Sees ‘Very Limited’ Impact from Trade War with U.S.

May 28 2019 // The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, according to China’s top financial regulator.Higher U.S. tariffs...

Deadly African Swine Fever Now `Endemic’ in Two Regions of China: UN

May 24 2019 // China’s attempts to control African swine fever have been insufficient to stem further spread of the disease, with the deadly pig contagion now endemic in two regions, a United Nations group said.The virus that...

Chemical Multinationals Must Stop Cutting Corners in Sourcing: Report on China Blast

May 22 2019 // A prominent Chinese environmental group has called on chemicals multinationals to stop “cutting corners” by outsourcing business to Chinese suppliers that violate safety regulations after an investigation into...

China’s Ant Financial Provides Health Coverage to 65 Million Clients for Pennies a Month

May 21 2019 // Ping An Insurance (Group) Co. employed about 1.4 million people to peddle policies last year. Yet it’s Jack Ma’s newest online disruptor that is stealing the show — with 50 workers and visions of serving...

Senators Urge Allies to Heed Trump’s Warning on China’s Huawei

May 17 2019 // U.S. senators warned allies that Chinese telecommunications companies such as Huawei Technologies Co. can’t meet security standards for advanced networks due in part to Chinese law that demands cooperation with...

U.S. Blacklisting of China’s Huawei to Disrupt Global Technology Supply Chain

May 16 2019 // The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of...