BEIJING, Sept. 5 (Xinhua) — China will apply exemptions on import tariffs and value-added tax for eligible drugs and medical devices in the Boao Lecheng International Medical Tourism Pilot Zone in Hainan Province, before the…
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Amazon Plans $5 Billion of Small-Ticket Exports From India in 2024 in Shift From China
NEW DELHI (Reuters) – Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023, supplying markets such as the United States and Britain…
Sask. farmers react to ‘devastating news’ of China targeting Canadian canola with trade investigation
Rob Stone says China’s decision to target Canadian canola as part of a trade spat is disastrous for producers.”It’s devastating news as far as a farmer is concerned,” said Stone, who farms canola near Davidson,
AstraZeneca says staff detained in China amid reports of a drug-import investigation
Some employees of British pharmaceutical giant AstraZeneca have been detained by police in China as part of an investigation, the company confirmed Thursday.
Bernstein’s survey shows BYD no.1 EV brand in China, followed by Tesla and VW
According to Bernstein’s 2024 proprietary survey of Chinese car buyers, BYD (SZ:002594) has extended its lead as the most recognized electric vehicle (EV) brand in China. The survey, which gauges …
One of the last China bulls has capitulated. What JPMorgan likes instead.
Now, China has been something of a disaster for a long stretch now, so much so that an emerging-markets ETF without China has nearly the same assets as the one that has it. In fac…
Midea to raise US$3 billion as ‘White Goods’ giant eyes Hong Kong’s biggest IPO since 2021
Midea Group, the world’s biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion,…
‘Business is business’ at bustling China-Africa summit
In China, the price is right,” Abakar Tahir Moussa, a Chadian construction firm owner, told AFP, showing off the business card of a potential new Chinese partner.He hoped to use the Forum on …
China issues draft rules for foreign accounting firms’ domestic operations
China’s finance ministry introduced draft rules on Thursday for managing the domestic business activities of foreign accounting firms. According to the draft, financial departments will be tasked with …
How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
According to a recent white paper, Swedish multinational corporations (MNCs) are navigating the complexities of the Chinese market by adopting “China-for-China” strategies, focusing on localizing …
AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant.
China Detains AstraZeneca Staff in Data, Drug-Import Probes
Police in China have detained five current and former employees of British drugmaker AstraZeneca Plc for questioning about potential illegal activities, according to people familiar with the matter.
China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years
The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.