Latest China Headlines

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

China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks

Nov 1 2023 // China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat of support measures to revitalize the country’s stock market.The Ministry of Finance will...

Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports

Nov 1 2023 // A Chinese court has ruled a Tesla Inc. vehicle wasn’t the cause of a 2022 accident that killed two people and injured three others, Shanghai Securities News reported.The automaker had sued a social media influencer...

Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024

Oct 30 2023 // Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.China International...

Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship

Oct 26 2023 // Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s prosecutor general said, after Finland blamed damage to a nearby pipeline on a...

Derisking Dilemma: How German Companies Are Tackling China Risk

Oct 19 2023 // Thomas Nuernberger is preparing for tougher times.For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and...

Economic Losses From China Disasters Reach $42B in First Nine Months of 2023

Oct 10 2023 // China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms...

China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ

Oct 3 2023 // China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported, in the latest case of authorities imposing exit bans on the employees of foreign...

EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws

Sep 19 2023 // European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies have to undergo, European Commission Vice President...

Chinese Police Detain Staff of Evergrande Unit as Property Crisis Enters New Phase

Sep 18 2023 // Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has entered a new phase...

Ex-Chairman of Top China Insurer Given Suspended Death Sentence

Sep 13 2023 // China sentenced the former head of the nation’s largest life insurer to death with a two-year reprieve, as President Xi Jinping’s crackdown on corruption in the financial industry continues.Wang Bin,...

China Relaxes Rules for Insurers to Invest in Stock Markets

Sep 12 2023 // China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country’s lagging...

Microsoft Says Compromise of Engineer’s Account Led to Chinese Hack of US Officials

Sep 7 2023 // The recently disclosed Chinese hack of senior officials at the U.S. State and Commerce departments stemmed from the compromise of a Microsoft engineer’s corporate account, Microsoft Corp. said in a blog post on...

China’s Huawei Files Lawsuit in Portugal Over Ban on Supplying 5G Equipment

Sep 5 2023 // Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s cybersecurity council CSSC that effectively bars operators from using its equipment in high-speed 5G mobile...

China’s Regulator Meets With Foreign Investors to Alleviate Concerns: Sources

Aug 25 2023 // China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic prospects, as its post-COVID recovery falters, two people with...

China Allows Allianz to Launch Onshore Fund Management Company

Aug 24 2023 // China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management company as Beijing vowed to step up efforts to attract foreign companies amid...

China Fines US Firm Mintz $1.5M for ‘Unapproved’ Work, After Raiding its Beijing Office

Aug 23 2023 // China fined U.S. firm Mintz Group about $1.5 million for doing “unapproved statistical work,” said a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office sparked worries about...

Judge Won’t Block Florida Law Banning Chinese Ownership of Property

Aug 18 2023 // (Reuters) – A U.S. judge in Florida on Thursday declined to block the state’s law barring citizens of China and other “countries of concern” from owning homes or land in the state.U.S. District...

China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis

Aug 18 2023 // Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else.Now, the secretive shadow banking giant has become the latest symbol of financial fragility in...

US Congressman Says Chinese Spies Hacked His Emails

Aug 16 2023 // Nebraska Republican Congressman Don Bacon said late on Monday the FBI had warned him that his emails were hacked by Chinese spies, with both personal and campaign messages compromised.Bacon was told that the Chinese...

What Are China’s ‘Sponge Cities’ and Why Aren’t They Stopping Urban Floods?

Aug 15 2023 // China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well as raising questions about the effectiveness of its 2015 “sponge city”...