China Mobile Ltd. has made a takeover bid for Hong Kong broadband provider HKBN Ltd. valuing the company at about HK$6.86 billion ($882 million), pushing forward with a formal offer against the …
Monthly Archives For December 2024
Sanofi to invest $1 bln in insulin production site in Beijing, local authority says
French drugmaker Sanofi plans to invest 1 billion euros ($1.05 billion) to build a new insulin production base in Beijing, a local authority in the city said on Monday, citing a memorandum of …
In Response to Property Crisis, China Studies Fundamental Overhaul
In China’s sluggish property market, the latest sales pitch isn’t marble countertops, but residency papers. In a bid to support the real-estate market, more than a dozen Chinese cities have rolled out …
China’s market targets are ‘just psychological’, says former regulator
Chinese authorities also see the country’s stock markets as both venues for corporate fundraising and important tools for maintaining social stability. Investors have long suspected the top leadership …
Post-COVID life and China’s tough economy pushes a 95-year-old jewelry brand to embrace ‘wearability’ and a more casual consumer
Everyone is a lot more casual. You have a lot fewer galas and things to go to,” said Nicholas Lieou, Chow Tai Fook’s design lead for high jewelry.
How China Is Gearing Up Against the Risk of Economic Sanctions
China is gearing up to protect its massive economy from the possibility of Western sanctions, much like those that have hit Russia since its conflict with Ukraine. In case tensions with the West over …
China is studying sanctions on Russia to figure out how to handle them if it invades Taiwan, report says
China is closely monitoring the effects of Western sanctions on Russia to prepare for a possible invasion of Taiwan, The Wall Street Journal reported.
Suspect in fatal stabbing of Japanese schoolboy in Shenzhen formally arrested
The suspect in September’s fatal stabbing of a 10-year-old schoolboy in China has been formally arrested for murder, with prosecution proceedings to follow more than two months after the attack, …
Chinese, foreign journalists explore night market in Shenzhen
Shenzhen, a dynamic coastal city in south China’s Guangdong Province, has made significant strides in developing its nighttime economy in recent years, with the Yan’gang Night Market emerging as a …
Sanofi to invest $1 billion in insulin production site in Beijing, local authority says
French drugmaker Sanofi plans to invest 1 billion euros ($1.05 billion) to build a new insulin production base in Beijing, a local authority in the city said on Monday, citing a memorandum of …
Chinese recycling firm Carbon Zero aims to replicate success overseas after Nasdaq IPO
The company, which operates an online platform connecting individuals and businesses with recycling services, plans to expand globally.
Biden Targets China’s Chip Industry With Wider Trade Bans
New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival.
European factories struggled last month as China’s perked up ahead of Trump tariffs
Manufacturing activity fell sharply across Europe last month and a further decline in demand dashed hopes for an imminent turnaround, whereas in China factories extended their recovery, surveys showed.
