BEIJING (AP) — The International Olympic Committee has found a sponsor in China to replace long-term commercial partner Panasonic from Japan. TCL was signed to an eight-year, four-Olympics deal through 2032 in the sponsor category of home audiovisual equipment and appliances, the IOC said on Thursday. The value in cash and operational services was not…
(Reuters) -AstraZeneca will buy longtime partner FibroGen’s China unit for about $160 million to gain rights to its anemia drug in the country, further boosting its presence in the world’s second-biggest economy. The deal comes at a time when the Anglo-Swedish pharma company is facing a string of investigations in the country, AstraZeneca’s biggest international…
BEIJING/SHENZHEN – Headhunter Jason Yang has been busy filling artificial intelligence (AI) jobs at top Chinese technology companies, from start-ups like DeepSeek to industry giants such as ByteDance. Speaking to The Straits Times at a crowded jobs fair in the southern tech hub of Shenzhen this week, the recruiter said that he has had to…
HONG KONG — Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the quarter ended December grew 8% to 280.2 billion yuan ($38.38 billion) compared to the same…
By Kate Holton, Andrew MacAskill and Joe Cash LONDON/BEIJING (Reuters) – Britain has lined up a Mandarin-speaking diplomat whose father was a governor of Hong Kong as the next ambassador to China, according to three sources, and he is expected to take up one of the most challenging roles in British … Source link
When it comes to global health, China is on President Trump’s mind, and on the mind of his critics. On inauguration night, Trump signed an executive order aimed at pulling the U.S. out of the World Health Organization. As he did, he spoke about one thing: China. He said China doesn’t pay its fair share to…
Britain has lined up a Mandarin-speaking diplomat whose father was a governor of Hong Kong as the next ambassador to China, according to three sources, and he is expected to take up one of the most challenging roles in British diplomacy later this year. Source link
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential impact of Chinese tariffs on its business. Executives said the company is shifting manufacturing away from China. Hasbro also on Thursday announced a licensing collaboration with Mattel to create Play-Doh versions of Mattel’s Barbie dolls. Toy and gaming giant Hasbro took an…
China’s home-grown technological innovations – like the DeepSeek large language model that has taken the artificial intelligence (AI) industry by storm – are enabling the world’s second-largest economy to empower industries and critical infrastructure to carry out their core functions with fewer concerns over data security. Just over a month since the January launch of…
MOSCOW (Reuters) – Chinese Foreign Minister Wang Yi will visit Moscow soon for talks, Russian Foreign Minister Sergei Lavrov said on Thursday, hailing Russian-Chinese relations as an increasingly important factor in stabilising the international situation. “We have agreed on your visit to Moscow. So … Source link