For over a decade, commentators have warned of China’s looming economic decline. Today, the challenges are real: US-China trade frictions, weak household consumption, an overstretched property sector and a shrinking workforce. Making money in China may feel harder than before. Yet to see China solely through the lens of stagnation is to miss the profound…
As biotech IPOs hit a record low in the US, more than 40 Chinese biopharma companies have filed to go public so far this year … Sign up to read this article for free. Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox. Source link
The canceled trip comes amid growing concerns that Beijing is tightening control over Hong Kong’s Catholics and pushing for pro-China appointments. A pro-Beijing priest who was about to travel to Rome as part of an effort to have him installed as an auxiliary bishop of Hong Kong has canceled his trip after news of his…
Samsung Display is the company behind some of the world’s most advanced screens. And holding such position in the market comes with a bunch of responsibilities as well, such as you won’t want your rivals to know. Allegedly, Samsung Display employees are under scrutiny for leaking sensitive technology to an unnamed Chinese competitor. Samsung Display…
Matmo was a tropical storm in the Philippine Sea late Thursday Philippine Time, the Joint Typhoon Warning Center said in its latest advisory. Forecast wind speeds and direction Where will it rain? Flash flooding can occur well inland and away from the storm’s center. Even weaker storms can produce excessive rainfall that can flood low-lying…
US Treasury Secretary Scott Bessent said on Thursday he expects coming talks with China to yield a “big breakthrough” in trade relations, adding that aid for soybean farmers could be announced as soon as Tuesday. Bessent made the upbeat predictions during an interview with CNBC. “The most important thing we’re going to see,” the Treasury…
Beijing’s top diplomat in Hong Kong has warned the city’s new U.S. Consul General not to interfere in the territory’s internal affairs, underscoring persistent tensions between China and Washington. Cui Jianchun, commissioner of the Chinese Foreign Ministry’s office in Hong Kong, met Tuesday with Consul General Julie Eadeh to voice “serious concerns” about her conduct,…
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(Bloomberg) — India and China will resume direct flights after more than five years as two of the world’s biggest economies seek to rebuild political ties at a time of rising global trade uncertainties. The Indian Ministry of External Affairs said in a statement Thursday that air service with China can start by later this…
(Reuters) -India and China will restart direct flights between designated cities this month, ending a suspension of more than five years, in a move that signals a cautious easing of bilateral tensions, India’s foreign ministry said on Thursday. There have been no direct flights between China and India since 2020, even though China is India’s…