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China boosts farmer protection with nationwide insurance for major grains

by AIP Online Bureau | May 22, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The policy is aimed at improving the level of agricultural insurance protection, stabilizing farmers’ income, supporting the revitalization of rural areas and safeguarding food security, according to a notice released with the Agriculture Ministry and the State...

Nearly half of China’s major cities are sinking, researchers say

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Subsidence already costs China more than 7.5 billion yuan ($1.04 billion) in annual losses, and within the next century, nearly a quarter of coastal land could actually be lower than sea levels, putting hundreds of millions of people at an even greater risk of...
Elon Musk visits China as Tesla seeks self-driving technology rollout

Elon Musk visits China as Tesla seeks self-driving technology rollout

by AIP Online Bureau | Apr 28, 2024 | International News, Technology

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
Chinese automakers redefine the car as a living space at Beijing Auto Show

Chinese automakers redefine the car as a living space at Beijing Auto Show

by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Features, Technology

Tang Daosheng, a senior executive from Chinese tech giant Tencent, joined Toyota’s presentation at the auto show, saying the company would provide big data and cloud computing services for Toyota vehicles and connect its ubiquitous WeChat messaging and e-payment...

Fitch cuts China’s ratings outlook on growth risks

by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

“The outlook revision reflects increasing risks to China’s public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth...
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