Business

Russia’s Titanium Giant Hands Its British Arm to a Little-Known Hong Kong Company Named Quri

UK filings show that Hong Kong’s Quri Investment Limited was listed as holding at least 75% of VSMPO Tirus Limited’s shares on 1 October 2026, the same day Russian titanium producer VSMPO-AVISMA ceased to be listed as having significant control. The filings do not disclose the terms of the deal.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Criticizes US for Unreasonable Suppression of TikTok Amid Security Concerns

China has once again urged the United States to stop spreading false information about data security issues and unreasonably suppressing related companies. This comes...

Hainan’s Free Trade Port draws global attention as foreign officials attend development seminars

Foreign business officials who attended a recent seminar in Haikou, Hainan province, have expressed their belief that the Hainan Free Trade Port (FTP) will...

China’s Smart Farming Technologies Revolutionize Agricultural Industry

China's agricultural industry is undergoing a transformation through the integration of cutting-edge technologies such as big data, cloud computing, and the internet with traditional...

Zhejiang Province Takes the Lead in Digital Village Construction and Agriculture Development

Zhejiang province is leading the way in the construction of digital villages and the development of digital agriculture and rural areas. The China Digital...

Canton Fair to Fully Resume Offline Activities this Spring with Over 30,000 Participating Enterprises

The Canton Fair, also known as the China Import and Export Fair, is set to resume all on-site activities in Guangzhou from April 15...

CSPL’s investment in Ain Sokhna Port container terminal to boost trade links between China and Egypt/Africa

Hong Kong-listed COSCO Shipping Ports Ltd (CSPL), a subsidiary of Shanghai-based China COSCO Shipping Corp that specializes in port operations, announced on Thursday that...

China mulls new policies to stabilize foreign trade amid external challenges

China is taking steps to support its enterprises and stabilize foreign trade growth, according to the Ministry of Commerce. Shu Jueting, a spokeswoman for...

Analysts optimistic about China’s economic outlook in 2023

China's economy is showing early signs of a palpable recovery in the first two months of 2023, providing economists with a hopeful outlook for...

China Intensifies Efforts to Promote High-Quality Development in Cross-Border Economic Zones

In a recent announcement, the Chinese Ministry of Commerce has revealed its intention to intensify efforts towards promoting high-quality development in border and cross-border...

Improved Market Liquidity and Financial Support Measures Boosting China’s Real Estate Sector Amid Recovery

According to property investment and sales data from the National Bureau of Statistics (NBS), China's real estate market is showing promising signs of a...

SenseTime Launches World’s Largest Open-Source AI Language Model, Intern 2.5

Chinese artificial intelligence pioneer, SenseTime, announced the launch of its latest invention on Tuesday - the Intern 2.5, which it claims to be the...

BMW’s Global Sales of Battery-Electric Vehicles More Than Double Due to Strong Growth in China

In a major development, BMW announced on Wednesday that it has more than doubled its global sales of battery-electric vehicles (BEVs) year-on-year in the...

Chinese AI Firm LangBoat Raises Funding for Development of Large Language Models

LangBoat, a Chinese provider of large language models, has announced the completion of its Pre-A plus round of fundraising, which has brought its total...

China’s SOEs Ramp Up Green Investment, Paving the Way for Renewable Energy Development

China's state-owned enterprises (SOEs) have been ramping up the construction of new energy projects since the start of the year. Analysts and industry observers...

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