China
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
China’s LNG regasification segment dominates midstream projects
The 341 billion cubic feet Zhoushan III project will start operations in 2026.
China’s pension system reels 60 million new individuals
Presently, 762 products are offered in the new pension system.
Chinese insurers deem it wise to move to alternative investments
Analysts see new regulations driving a conservative shift as insurers seek stability amidst volatile markets.
China's long-term care insurance sees regulation overhaul
Since its launch, the scheme has covered 180 million people.
What fuels China's digital economy surge
Rising incomes have led to higher consumer demand for seamless shopping experiences.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Weak home sales risk worsening Chinese banks' bad loans
Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
Hong Kong’s wealthy plan to spend HK$870,000 in 2024 travels
Tokyo is their top destination of choice.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
China launches world's first 6G test satellite
The low-earth orbit satellite offers low latency and high data transfer rates.
China Life Insurance to see 45% YoY profit slump – Nomura
China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.
China approves 106 GW of coal project, derails climate commitments
Coal approvals rose fourfold in 2020 and 2023, compared to the 2016-2020 period.
VC funding of startups in China plummet 26.9% 11M’23
Unconducive market conditions further drove its decline.
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
China Medical University Hospital’s AI solutions reduce staff workload and save more patients
The AI medical system cuts nurse input time from 30 minutes to 10 minutes by converting medical notes from voice to text.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'