The back-heavy deal includes a $5 million upfront payment for two novel T cell engagers, though the companies have yet to disclose priority indications.
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Top Democrats slam Trump for delaying export curbs on China
Top Senate Democrats including Senate Minority Leader Chuck Schumer took aim at the Trump administration on Wednesday for suspending a measure that blocked thousands of Chinese companies from …
Burberry’s Sales Rise in China as Brand Revamp Takes Shape
Burberry Group Plc’s sales rose as the UK fashion brand saw demand improve in the region that includes China, an indication its turnaround bid under Chief Executive Officer Joshua Schulman is starting …
Holiday test looms as luxury brands chase elusive rebound
A surge in luxury stocks has piled pressure on fashion houses including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate into a sustained turnaround in the…
New CBBC Report: China’s Upcoming 2026-2030 Plan
The China-Britain Business Council (CBBC) is pleased to release its latest policy report, The Road Ahead: Inside China’s Upcoming Five-Year Plan (2026–2030).
Starbucks Sells 60% Stake in Chinese Business to Bowi Capital
Starbucks, the world’s largest coffee chain, has sold 60% of its stake in its Chinese business. On the 3rd, Starbucks announced via its official website, “Starbucks has signed a contract to establish …
Glencore is said to invest in chinese aluminum smelter’s IPO
The move comes as aluminium has been one of the strongest performers on the London Metal Exchange, reaching a three-year high last week.
China Mobile Advances SEA-H2X Submarine Cable Project in Hong Kong
China Mobile announced the successful landing of its SEA-H2X submarine cable in Hong Kong. This marks the beginning of construction on the Hong Kong segment, expected to complete by 2025. The project …
China Mobile Anchors SEA-H2X Cable Project, Strengthening Asia-Pacific Connectivity
China Mobile successfully landed the SEA-H2X submarine cable in Hong Kong, initiating construction on the Hong Kong segment. The 6,000 km cable links several Asian regions and enhances network …
China’s Baidu unveils new AI processors, supercomputing products
Baidu unveiled two new semiconductors for artificial intelligence on Thursday, saying the products can provide Chinese companies with powerful, low-cost and domestically controlled computing power.
Aussie brands tap into Chinese homes for marathon shopping frenzy
Australian exporters spent hours livestreaming to Chinese consumers to promote products for the Singles’ Day shopping spree, even as confidence stayed subdued.
Japan’s Yoshinoya Predicts Record China Profit on New Menus
Rather than deploying deep discounts to remain competitive in deflationary China, Japanese beef bowl chain Yoshinoya Holdings Co. changed its business recipe.
China’s AI is quietly making big inroads in Silicon Valley
Chinese AI models are being adopted by US firms and winning praise from tech leaders in a challenge to Big Tech.
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