Intensifying competition pushes prices lower and erodes profits for an industry that was once riding high on the COVID-19 boom.
Tagged By covid-19
China Can Still Meet Ambitious US Soybean Pledge, Traders Say
China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, according to multiple traders, underscoring a wider market hope…
Starmer Says UK Will Adopt Pro-Business Approach With Beijing
The UK will adopt a more pro-business approach to China but not trade its national security for greater trade ties, Keir Starmer said as he sought to clarify his Labour administration’s approach to …
Starmer says China policy cannot continue to blow ‘hot and cold’
Prime Minister Sir Keir Starmer says UK government policy towards China cannot continue to blow “hot and cold”. Speaking at the annual Lady Mayor’s banquet, traditionally used to set out foreign policy for the year…
Shenzhen: The city that rewrote China’s future
China’s status as a global superpower was unimaginable just half a century ago. In the 1970s, the country was overwhelmingly poor, rural and technologically behind. Today, it’s a technological …
Shenzhen Pagoda Grants 150.5 Million RSUs to Employees
The latest update is out from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ).
Six years since the first COVID case: What we know now about the origins, global toll and India’s progress | Explained
The first known case challenges the notion that the pandemic erupted suddenly. Instead, several peer-reviewed studies indicate that SARS-CoV-2 may have been circulating at low levels before December …
China Vanke asking for 12 months to pay bond under extension plan — Bloomberg
Shenzhen-based Vanke, once China’s largest builder by sales, reportedly told creditors on Monday that it was seeking a one-year delay to pay the CNY2 billion (US$283 million or $365.73 million) note.
Shenzhen Expressway Co Reports October 2025 Toll Revenue
An announcement from Shenzhen Expressway Co ( ($HK:0548) ) is now available. Shenzhen Expressway Co announced its unaudited toll revenue for …
44 Dead, Hundreds Missing in Hong Kong High-Rise Blaze that Claimed Firefighter
Officials say 279 people are missing after a fire Hong Kong’s Tai Po district that involved seven high-rise buildings, …
‘Zootopia 2’ breaks records in China with $275 million opening
The film’s runaway success is particularly notable given the waning influence of foreign films in China, the world’s second-largest film market.
Taiwan Plans First US Arms Purchase for T-Dome to Counter China
Taiwan plans to buy its first weapons for a major air-defense system announced less than two months ago, underscoring Taipei’s urgency to get the program online as China escalates its military …
US Ally Deploys Flagship To Challenge China in Disputed Waters
The Philippines, a United States ally, has deployed its coast guard flagship to disputed waters in the South China Sea, where China maintains a strong maritime presence.