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…
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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 …
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 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 …
China’s int’l trade in goods, services up 12 pct in July
BEIJING, Aug. 30 (Xinhua) — The value of China’s international trade in goods and services reached approximately 4.24 trillion yuan in July 2024, marking an increase of 12 percent year on year, …
PwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China
A PwC China spokesperson said it was not appropriate to comment … Recommended reading: In our new special issue, a Wall Street legend gets a radical makeover, a tale of crypto iniquity, misbehaving poultry royalty,…
Baidu-backed Chinese autonomous trucking firm expects to be profitable in 2025
By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) -Chinese autonomous driving startup CiDi expects to turn profitable next year with its offering of software and services focused on mining and factory …
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years “rectification” following a fine levied in 2021 for monopolistic behaviour …
Why Companies Are Exiting China And What Leaders Can Do About It
Political tensions, cybersecurity, and rule-of-law concerns are driving decisions. IBM, the latest China casualty, announced they are shutting down their R&D facility.
Nippon Steel Calls for Japanese Tariffs on China’s Exports
The Japanese government needs to impose an anti-dumping tariff on Chinese steel exports to protect the domestic industry, said Nippon Steel Corp., the world’s fourth largest steelmaker.
China’s top airlines post losses, hit by slow international travel and domestic oversupply
China’s leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic oversupply and more intense competition …
ASML’s China Business In Crosshairs Of Dutch Government: Semiconductors At Center Of East-West Tensions
The Netherlands’ recently elected prime minister is expected to block ASML Holding NV (NASDAQ:ASML) from assisting Chinese companies with repair and maintenance services. Dutch company ASML is a top …
CHINA-TIANJIN-BUSINESS ENVIRONMENT-GLOBAL COMPANIES (CN)
This photo taken on Aug 29 2024 shows a store of AEON MALL a Japanese shopping center operator in Xiqing Distri …
