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

RCEP trade spurs growth in China and Asia-Pacific economies via inland railway links

According to government officials and market observers, China's inland cities are expected to increase their use of railroad links to seaports in order to...

China’s Economic Activity Picks Up Pace in January-February 2023

China's economy is showing signs of stabilization and acceleration, with the National Bureau of Statistics reporting a marked improvement in key economic data for...

China’s Foreign Trade in Goods Registers $25.9B Surplus in February

China's foreign trade in goods registered a surplus of $25.9 billion in February, according to the State Administration of Foreign Exchange (SAFE). The figure...

China’s Cross-Border E-Commerce Empowers Small Businesses and Stabilizes Foreign Trade, Experts Say

According to experts, cross-border e-commerce has become a crucial factor in stabilizing China's foreign trade while providing micro, small and medium-sized enterprises (MSMEs) and...

National Energy Administration Reports 11% YoY Jump in China’s Power Use in February

China's electricity consumption, a significant indicator of economic activity, rose by 11% YoY in February, indicating a steady recovery from COVID-19-triggered disruptions. According to...

Huawei helps global telecom carriers achieve digital transformation with innovative technology

Huawei Technologies Co is making strides to help global telecom carriers accelerate their digital transformation with cutting-edge technologies. According to You Jiangtao, vice-president of...

China Plans $1.44 Billion Fund for Chip Development Following Vice-Premier Liu He’s Visit to IC Enterprises

The semiconductor market has become the stage for a growing rivalry between the world's two largest economies, as the US government aims to curb...

China’s Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

According to industry experts, China's intensified push for the development of superfast wireless technology, including 5G and 6G, will provide new momentum for the...

China’s Economic Recovery Gains Momentum in 2023 with Notable Improvement in Key Indicators

China's economy is demonstrating a strong start in 2023, with the National Bureau of Statistics reporting stabilization and improvement in both demand and supply....

China Has “Huge Room” for Export Growth, Says Economic Affairs Committee Vice-Chairman

According to a senior political advisor, China's exports are expected to continue growing and contribute to the country's overall economic growth this year. The...

Shanghai to witness a boom in shopping mall openings, with 45 new malls set to launch in 2023

Shanghai is poised for a resurgence in the retail sector as the city gears up to welcome a wave of new shopping mall openings...

China Energy’s Maerdang Hydropower Station to Begin Operations in March 2024, Cutting Millions of Tons of Emissions

China Energy Investment Corp, also known as China Energy, has announced that Maerdang hydropower station, the highest-altitude facility of its kind on the upper...

Martell partners with Conservation International for mangrove conservation project in China

French cognac brand Martell launched the second phase of its mangrove conservation project at Hailing Island National Mangrove Wetland Park, located in Yangjiang, in...

LinkedIn Admires Chinese Companies’ Globalization Efforts, Offers Assistance in Expanding Presence

LinkedIn, the California-based professional networking platform provider, has expressed admiration for Chinese companies' efforts to expand globally, and has pledged to assist more domestic...

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