PwC Pays $166 Million to Settle HK Evergrande Audit Probe April 23, 2026 By Kiuyan Wong and Trista Xinyi Luo PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work...
China Charges Former AstraZeneca Regional Head With Insurance Fraud February 12, 2026 China has officially charged AstraZeneca’s former regional head, Leon Wang, who was detained by authorities in the country more than...
China Plans $29 Billion Capital Injection Into Biggest Insurers January 30, 2026 By Bloomberg News China is mulling the sale of hundreds of billions of yuan in special government bonds to recapitalize some of its...
Former New China Life Insurance Chair Gets Suspended Death Sentence for Corruption November 20, 2025 The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve on corruption...
Chinese Regulator Summons ByteDance, Alibaba’s Platforms Over Content Violations September 23, 2025 By Eduardo Baptista China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the...
China’s EV Boom Saddles its Auto Insurers With Chronic Losses September 22, 2025 By Bloomberg News China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with...
China Enlists Commercial Insurers in Bid to Boost Local Biotechs July 1, 2025 By Bloomberg News China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning...
China’s Financial Opening Up Offers Opportunities for Global Capital, Regulator Says June 18, 2025 China’s financial opening up and rapidly growing consumer market benefit the country and provide better asset allocation opportunities for global...
China Financial Regulator to Raise Insurance Funds’ Limits for Stock Investment April 9, 2025 China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken...
China Calls for Smart Driving Vigilance After Fatal Crash of Xiaomi Corp. EV April 8, 2025 By Linda Lew Chinese authorities warned drivers to stay vigilant and reduce the use of advanced driver-assistance technology during the Qing Ming Festival...