China’s WuXi Biologics said on Monday it will sell its vaccine facility in Ireland to Merck for about $500 million.
BUSINESS
Asia’s crude oil imports drop in 2024 as weak China weighs
Asia’s crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.
China’s economy is causing a hangover for spirits giants
In China’s business circles, the ultimate party statement is a bottle of Maotai on the table. This luxury liquor from Guizhou province, known for its potency of up to 53%, has long been a symbol…
How VC founders in China end up blacklisted
Once blacklisted, it is nearly impossible for individuals to start another business. They are also blocked from a range of economic activities.
China’s service sector rise to 7-mth high, but orders from abroad declines
China’s services sector witnessed significant growth in the last seven months, with the Purchasing Managers’ Index (PMI) rising to 52.2 in December from 51.5 in the previous month. However, orders …
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back funding …
China’s Geely Holding targets over 5 million units of annual sales by 2027
China’s Geely Holding Group (GEELY.UL) on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of …
China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
China’s services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined, reflecting growing trade risks to the economy …
Conflux price prediction 2025-2031: Can CFX price lead China’s crypto market?
Explore Conflux (CFX) price prediction and evaluate the future CFX market sentiment and impact on the Chinese crypto market.
China moves to tighten domestic control over bitcoin as Donald Trump appoints bitcoin fan to SEC
The advent of a Trump presidency is accelerating a divergence on digital currencies between the world’s two largest economies, even as it gives the sector a major boost.
Why Trump’s return opens door for China to reform capital markets
If Beijing seizes this chance, it could transform a familiar cycle of confrontation into a foundation for long-term security and leadership Donald Trump’s return to the White House revives a playbook …
China’s 30,000 car dealers face bleak 2025 as price war piles on US$24 billion in losses
Despite a 4.7 per cent rise in nationwide car sales, some 4,000 dealerships have closed due to a financial squeeze.
Leak Reveals Serious China 2025 Warning—Predicted To Blow Up The Bitcoin Price
A leak has revealed China’s central bank is scrambling to contain a fervid bond rally as it gears up to deliver a stimulus …
