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Chinese virus cases climb, raise threat of trade disruption

by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

The restrictions have wider potential ramifications, coming at a time when the global economy is under pressure from Russia’s war on Ukraine, surging oil prices and weak consumer demand. “We can think of no risk to the global economy, excluding nuclear...

China’s lockdowns due to Covid surge could threaten half of economy

by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Shenzhen is the second-most important port in China after Shanghai, and processes about 10% of the containers shipped from China in any month. A part of the port was shut for weeks in mid-2021 to contain a local outbreak of Covid, but even then the port was able to...
China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

by AIP Online Bureau | Mar 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.S. National Security Adviser Jake Sullivan “We are communicating directly, privately to Beijing, that there will absolutely be consequences for large-scale sanctions, evasion efforts or support to Russia to backfill them,” Sullivan said. “We will...
China targets slower GDP growth of around 5.5% amid economic headwinds

China targets slower GDP growth of around 5.5% amid economic headwinds

by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Policy

“A comprehensive analysis of evolving dynamics at home and abroad indicates that this year our country will encounter many more risks and challenges, and we must keep pushing to overcome them,” said Premier Li Keqiang at the start of China’s annual...

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

by AIP Online Bureau | Feb 22, 2022 | International News, Regulation, Risk Management

Ant has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion was derailed by regulators in late 2020. Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure...
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