Latest China Headlines

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

Longer Routes Help Oil Tankers Mitigate Iran Sanctions

Mar 21 2013 // Oil tanker owners are cushioning the impact of Iranian trade restrictions by shipping crude over greater distances to some of Asia’s biggest economies, the founder of Nordic American Tankers Ltd. said on...

Munich Re Study Sees Asia Pacific Dominating Insurance Growth by 2020

Mar 20 2013 // “Asia-Pacific will be the dominant driver of world insurance growth by 2020,” according to a study published by Munich Re’s Economic Research Department. The report forecasts that premium income for the...

U.S. Welcomes China Talks on Cyber Security

Mar 14 2013 // The White House on Wednesday welcomed China’s willingness to hold talks with Washington about cyber security threats, amid growing U.S. concerns about hacking attacks emanating from China. U.S. National Security...

President Obama Meeting with CEOs Over Increasing Cyber Threats

Mar 13 2013 // Cyber security threats against the United States are growing, President Barack Obama said before a meeting on Wednesday with corporate leaders about the issue, as concerns rise about hacking attacks emanating from...

Iran’s March Crude Exports Fall to Lowest Since Sanctions Began

Mar 12 2013 // Iran’s crude oil exports in March may plunge by a quarter from a month earlier to the lowest since tight Western sanctions came into effect in 2012, industry sources said, squeezing income for Tehran as sanctions...

China PICC Group Sees Shanghai Listing in 2013 Second Half

Mar 11 2013 // Chinese state-owned People’s Insurance Company of China Group (PICC), one of the country’s largest insurers, could complete an A-share listing in Shanghai in the second half of this year, the firm’s...

EU Parliament Head Sees ‘Enormous Opportunity’ in U.S. Trade Deal

Mar 8 2013 // The head of the European parliament has come out firmly in favor of a trade deal with the United States, soothing concerns that the increasingly influential body could block a deal on which talks are due to start in...

Aon Benfield February Cat Report:U.S. Winter Storms; Russian Meteor

Mar 6 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disasters that occurred...

Commentary: The Near Impossible Battle against Hackers Everywhere

Feb 25 2013 // Dire warnings from Washington about a “cyber Pearl Harbor” envision a single surprise strike from a formidable enemy that could destroy power plants nationwide, disable the financial system or cripple the U.S....

Penn. Court: ‘Single Occurrence’ Applies for Drywall Claims Arising From One Shipment

Feb 21 2013 // The U.S. District Court in Pennsylvania ruled last week that multiple claims that arose from allegedly defective drywall that the insured entity imported in one single shipment from China should be considered a...

US Security Group Suspects Chinese Military Unit behind Hacking Attacks

Feb 19 2013 // A secretive Chinese military unit is believed to be behind a series of hacking attacks, a U.S. computer security company said, prompting a strong denial by China and accusations that it was in fact the victim of U.S....

Syndicates Increasingly Using Lloyd’s China Platform

Feb 4 2013 // “A growing number of syndicates are using Lloyd’s platform by placing their own underwriters in China,” says an article on the Lloyd’s website. “This, along with a license granted in 2012 to...

China Approves HSBC Sale of Remaining $7.5 Billion Ping An Stake

Feb 1 2013 // China has approved the sale of HSBC’s remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand’s richest man, giving the green light to the country’s biggest inbound M&A...

China Insurance Watchdog Warns Sector of Cash Crunch, Low Returns

Jan 25 2013 // Some Chinese insurers may face a cash crunch this year as many policies mature, and as the sector faces sliding investment returns and rising costs, the China Insurance Regulatory Commission (CIRC) said.Insurance companies...

California AG Sues Apparel Makers in China and India over Pirated Software

Jan 24 2013 // California Attorney General Kamala D. Harris filed lawsuits on Thursday against two international apparel manufacturers for gaining an unfair advantage over American companies by using pirated software in the production of...

Generali’s BSI Lures Brazilian, Chinese Bidders: Sources

Jan 22 2013 // Brazilian-Swiss bank Safra and a Chinese bank are among the three bidders for Generali SpA’s Swiss private bank, BSI, in a deal worth€ 2 billion ($2.668 billion) that could help the Italian insurer shore up capital...

Ratings Roundup: New India Assurance, South China Insurance

Jan 18 2013 // A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of The New India Assurance Company Limited, both with stable outlooks....

Starr Investments Wins $77M Damages in China Media Firm Case

Jan 16 2013 // A Hong Kong arbitration panel has ruled that China MediaExpress Holdings Inc. was a “fraudulent enterprise” and awarded $77 million to Starr Investments, a firm run by former AIG chief Maurice Greenberg, a U.S....

Is the WTO About to Abandon Dream of Global Free Trade?

Jan 14 2013 // As it seeks a new chief to lead it out of a negotiating death-spiral, the World Trade Organization looks doomed to be fatally undermined by new global carve-ups that will leave many of the world’s poorest...

China Regulator Seeks Information on HSBC-Ping An Deal

Jan 11 2013 // China’s insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC’s planned sale of its $9.4 billion stake in China’s No.2 insurer to Thailand’s CP Group.The...