The Shanghai Stock Exchange will not restart a cancelled hearing to vet the agrichemical giant’s share sale any time soon, sources say ‘Syngenta is too big for the market to take now,’ says one fund…
Monthly Archives For April 2023
China’s BYD posts 410% leap in first-quarter profit
Chinese electric vehicle giant BYD Co on Thursday posted first-quarter profit up about 410% as the company consolidated its leadership in the domestic market. Net profit for the first three months of the year was…
China Is Cracking Down on Bankers. Here Are Some of the Targets.
As Xi Jinping and the Communist Party further exercise control over the economy, the financial sector is coming under close scrutiny.
AstraZeneca increases bets on China as COVID vaccine sales fade
AstraZeneca plans to spend about $450 million building a factory in China making inhalers to treat “smoker’s lung”, doubling down on the world’s No.2 pharmaceuticals market as the drugmaker predicts only “minimal” sales of its…
China recibe a la panda Ya Ya tras 20 años en el extranjero
TAIPÉI, Taiwán (AP) — La panda gigante Ya Ya aterrizó el jueves por la tarde en Shanghái tras abandonar el Zoo de Memphis, en Tennessee, donde vivió los últimos 20 años a modo de préstamo.…
Germany in Talks to Limit Export of Chip Chemicals to China
Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts to reduce its economic exposure to the Asian nation.
Bitcoin, Ether inch up; equities strengthen after phone call between China’s Xi Jinping, Ukraine’s Zelensky
Bitcoin and Ether rose during Asian trading hours on Thursday, while most top 10 non-stablecoin cryptocurrencies by market capitalization declined. Cardano’s ADA token saw the biggest gain.
China’s major industrial enterprises pick up growth momentum in March as demand rebounds
China’s major industrial firms saw growth of revenues and profits gain momentum in March thanks to the ongoing recovery of the domestic macro-economy driven by rising market demand. Revenues of …
UK and Europe risk falling behind US and China in biotech, says AstraZeneca boss
Pascal Soriot says decline in startups across Europe differs markedly from ‘explosion’ of firms and clinical trials in China …
Explainer: What’s next for China Evergrande after restructuring proposal?
China Evergrande Group will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring proposal, with investors to be given an incentive for early support.
Can the U.S., Russia and China Stop War in Sudan from Destabilizing Africa?
“The U.S. and international partners…need to move away from the one-size-fits-all approach to peace processes,” an ex-State Department adviser told Newsweek.
Tense face-off: Philippines confronts China over sea claims
A Chinese coast guard ship blocked a Philippine patrol vessel steaming into a disputed shoal in the South China Sea, causing a frightening near-collision in the latest act of Beijing’s aggression in …
China pushes to digitize mines in attempt to make them safer
SHENMU, China (AP) — China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by the National Energy Administration to bolster output and stem frequent…
