China’s top three airlines – Air China, China Southern Airlines and China Eastern Airlines – last reported annual net profits in 2019 before the COVID-19 pandemic took hold. China Eastern, …
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Buyout of China’s drug companies by global pharma giants sparks national security fears
John Cai, chairman of China Healthcare Innovation Platform Academy, a healthcare think tank in Shanghai, said: “When national conflicts occur and drugs are sanctioned as strategic products …
Duke Trio On Tour In China For Jordan Brand
W hen you get down to it, on one level businessman Michael Jordan is probably very happy to have Zion Williamson, Jayson Tatum and Paolo Banchero representing Jordan Brand. But sc …
China’s top banks post lower second quarter profit as property sector weighs
Four of China’s five largest lenders reported a lower second-quarter profit this week after responding to a government nudge to lower lending rates in order to stimulate weak loan demand amid a slowing economy and…
China follows up crypto ban with an investigation into ‘Chinese CoinGecko’
Feixiaohao, a major crypto market data and industry news provider in China, is apparently being investigated by local police. This follows the crypto blanket ban in China.
China-US business communities remain key defenders, contributors to bilateral ties despite challenges: CCPIT
The China Council for the Promotion of International Trade (CCPIT) stated that China-US business communities remain key defenders and contributors to bilateral relations despite global challenges, and it is hoped to deepen cooperation with the…
Fierce Pharma Asia—Sanofi’s flu shot setback; DualityBio’s IPO plan; UCB’s China asset sale
Sanofi has suspended distribution of its two flu vaccines in China out of concern of waning potency. BioNTech’s antibody-drug conjugate partner, DualityBio, has filed for a Hong Kong IPO. UCB will …
Spain’s Sanchez to Visit China Next Month Amid Beijing-EU Trade Dispute
Sanchez will travel to Beijing and Shanghai on Sept. 7-12 and meet Chinese President Xi Jinping during his trip, according to a Spanish government source. A deputy trade minister will accompany the …
Crying toddler locked in airplane bathroom sparks debate about parenting in China
Two airline passengers who locked a stranger’s crying grandchild in a plane restroom have caused outrage in China and sparked a heated online debate on how to handle upset children in public spaces.
China’s restrictions on antimony could lead to ‘another flashpoint with the West’
China is to introduce restrictions on antimony exports and this could lead to another flashpoint with the West over control of critical minerals, according to
China’s cabinet passes draft regulations on data security management
BEIJING, Aug 30 (Reuters) – China’s cabinet has passed draft regulations on data security management, state media said on Friday. At a meeting on Friday, the cabinet said it was necessary to …
Oil prices face pressure from slow China demand and inventory rise – Reuters poll
Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some output cuts …
China to apply tariff rates agreed in FTA early harvest arrangement on certain imports from Honduras
BEIJING — China will apply tariff rates agreed in an early harvest arrangement for the bilateral free trade agreement signed with Honduras on some imported products from the latter, the Customs …