Anbang was seized in February 2018 by the China Banking and Insurance Regulatory Commission (CBIRC) under a nationwide programme to curtail financial risk.
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China puts Dajia Insurance on the sales block for US$5.18 billion as regulators seek to offload assets from Anbang Group’s collapse
China calls for making COVID-19 vaccines accessible, affordable in developing countries
China on Friday reiterated its call to make COVID-19 vaccines accessible and affordable in developing countries, describing vaccines as a “powerful weapon” to defeat the pandemic and revive the global …
China finances setup of APEC fund to fight COVID-19 – state media
China has financed the setup of a fund under APEC to fight COVID-19 and fuel economic recovery, President Xi Jinping said during a virtual meeting of the Asia-Pacific trade group on Friday, according …
Chinese banking sector’s assets up 9.2 pct
Onshore assets of China banking sector continued to expand in the first half of the year while the industry non-performing ratio sa …
Update: Chinese mainland reports 2 new locally transmitted COVID-19 cases
A medical worker collects a swab sample from a resident for COVID-19 nucleic acid testing in Liwan District of Guangzhou, south China’s Guangdong Province, June 8, 2021. (Xinhua/Deng Hua) BEIJING, …
China official in Hong Kong says U.S. sanctions, business advisory have “despicable intention”
China’s foreign ministry branch in Hong Kong said new U.S. sanctions on Chinese officials and its updated business advisory on the city are “extremely rude” and “extremely unreasonable” bullying acts …
Key US panel approves law to counter Beijing
Focus on boosting American ties with Quad countries Seeking to strengthen America’s ties with Quad nations — India, Australia and Japan and countries in Southeast Asia — a key US Congressional …
China reports 30 new coronavirus cases on July 16 vs 36 a day earlier
China reported 30 new confirmed coronavirus cases in the mainland on July 16, compared with 36 a day earlier, the country’s health authority said on Saturday.
Soccer-Defender Kim ruled out for Korea as Beijing block release
South Korean defender Kim Min-jae has been forced to withdraw from his country’s squad for the men’s Olympic football tournament after Chinese Super League side Beijing Guoan refused to agree to his …
China and Russia spreading anti-US vaccine misinformation, White House says – as it happened
Messages undermine western-origin vaccine development programs,’ spokeswoman says – follow the day’s latest politics news …
WHO chief expects China to support next phase of probe into cause of coronavirus pandemic
The World Health Organization (WHO) chief said Friday he expects China to support the next phase of the scientific process to identify the origins of SARS-CoV-2, the virus that causes the coronavirus, …
China’s gasoline, gasoil exports to fall in H2 2021 after July slump
China’s gasoline and gasoil export by refiners is expected to register a sharper-than-expected decline in July. The volume of gasoline and gasoil for the second half of the year is also predicted …
Beijing has started on-site cybersecurity inspection of Didi Chuxing
Seven Chinese central government departments have begun an on-site cybersecurity inspection of ride-hailing giant Didi Chuxing.
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