A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook of these Credit Ratings (ratings) is ... ( read original story ...)
Beijing steps up battle against property market as prices start to rebound
BEIJING The Beijing municipal government announced new steps to rein in its booming housing market on Friday, raising the down payment requirement for second home purchases in the city to at least 60 percent from 50 percent. The new requirement will come ... ( read original story ...)
How China could stop a US strike on North Korea — without starting World War III
With the help of Stratfor's Sim Tack, Business Insider detailed how such a strike would likely play out, but in the interest of keeping the article focused, we omitted a major player — China. Here's how China would respond if the US were to attack the ... ( read original story ...)
China follows Fed, lifts rates
Beijing - China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan stable after the Federal Reserve raised US rates overnight. The rise in short-term rates was China ... ( read original story ...)
China, Saudi Arabia sign $65 billion in co-operation deals
BEIJING, China - Saudi Arabia's King Salman met with China's premier on Friday, a day after the two nations signed a memorandum of understanding on investment co-operation valued at $65 billion. The landmark agreement aims to boost joint efforts in fields ... ( read original story ...)
China re-brands Cold War nuclear bunker as tourist draw
It was a top-secret Chinese nuclear facility with a deadly Cold War mission -- to make plutonium for an atomic bomb -- but these days its doors are wide open as a tourist attraction. The cavernous "816 Nuclear Military Engineering" installation was ... ( read original story ...)
China Means Business in Economic Challenge Over THAAD
As anti-Korean sentiment in China grows stronger, Seoul appears to have few options at the moment to try and limit the impact on trade relations. Tension flared early this month after South Korea began deploying components of a U.S. anti-missile system to ... ( read original story ...)
Blackmores marketing material slammed in China on Consumer Rights Day
Vitamin company Blackmores has been publicly shamed on China's annual Consumer Rights Day for violating the Chinese government's strict "truth in advertising" laws. Blackmores was fined approximately $69,000 for claiming online and in stores that it ... ( read original story ...)
Hoping to boost trade, PM heads to China with largest-ever business delegation
Prime Minister Benjamin Netanyahu is set to take five ministers and the largest-ever Israeli business delegation to Beijing early next week on a three-day visit marking 25 years since Israel and China established diplomatic relations. Netanyahu, who is ... ( read original story ...)
Saudi-China business talks to boost trade and investment
RIYADH: The meeting of the Saudi-China Business Council in Beijing on Thursday is expected to help boost trade and investment between the Kingdom and China, an official has said. Abdullah Al-Mobty, chairman of the council, told Arab News that the business ... ( read original story ...)