China News
China Regulator Details Plan to Further Open Insurance, Banking Sectors
China will further open up its banking and insurance sectors, the country's top banking and insurance regulator said in comments published on Wednesday. Guo Shuqing, chairman of the China Banking and ...
China Pledges Broader Market Access for Insurers, Banks and Securities Firms
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. ...
Stock Price Plunge Likely for P/C Giant People’s Insurance Co. of China
Shares in China's largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey. People's Insurance Co. (Group) of China ...
China Regulator Orders Banks, Insurers to Amp Up Lending to Private Firms
China's banking and insurance regulator said on Monday it had told all of the country's banks to sharply increase lending to private companies, as policymakers step up support for the slowing ...
China Is Trying to Take Control of Western Data and Networks, U.S. Envoy Warns
China seeks to take control of Western data and networks, the U.S. ambassador to the European Union said, in the latest warning from Washington to its allies that they should think twice before using ...
China’s Anbang Insurance Reportedly Close to Selling Health Insurance Arm
Anbang Insurance Group Co., the acquisitive Chinese insurer that's scaling back its global empire, is nearing its first major domestic divestment since the government seized control last year, people ...
Senior Democrat Urges Tougher U.S. Response to Cyber Attacks
A senior Democratic senator warned Friday that the U.S. is failing to defend against continuing cyber attacks by China, Russia and other countries, urging the Trump administration to show resolve to ...
Swiss Re, Cerberus, Among Parties Exploring Anbang Insurance Investment
China's attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. ...