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

Sino Biopharmaceutical Takes the Lead in Cancer Research with Acquisition of F-star Therapeutics

China's Sino Biopharmaceutical Limited, also known as Sino Biopharm, made a significant move in their on-going global expansion efforts on Thursday, announcing the acquisition...

China emphasizes expansion of high-level opening-up for trade and investment

As China looks to mitigate the impact of the COVID-19 pandemic, slowing global demand, geo-economic shocks, and fierce competition from the likes of Vietnam...

Experts Suggest Focus on Offshore Duty-Free Sales to Boost Tourism in Hainan

Experts believe that continued efforts to promote the building of the Hainan Free Trade Port as an international tourism consumption center will help attract...

China reaffirms commitment to expanding opening-up policy for multinational companies like Qualcomm

China is continuing its efforts to expand its opening-up policy and offer a world-class business environment for multinational enterprises such as Qualcomm that operate...

China and UAE strengthen industrial cooperation with bilateral agreements at JOCIC’s exhibition in Abu Dhabi

The first Chinese Industrial Products Exhibition hosted by Jiangsu Overseas Cooperation and Investment Company (JOCIC) in Abu Dhabi on March 7 attracted over 500...

Dassault Systemes bullish on China’s economic rebound, plans to expand its presence in the market

French industrial software company, Dassault Systemes, is optimistic about the steady economic rebound in China and plans to expand its presence in the market....

China Unicom to Spin Off IoT Subsidiary CUSC and List on Shanghai’s STAR Market

China Unicom, a Chinese state-owned telecommunications company, announced on March 8 that it would be spinning off its subsidiary, China Unicom Smart Connection (CUSC),...

Chinese Lawmakers and Advisers Push for Development of Semiconductor Industry

China's bid to become a world leader in chip manufacturing and navigate US restrictions has garnered attention from lawmakers and political advisers at this...

Industry Experts: China to Promote Clean and Efficient Use of Coal Amid Green Transition

Industry experts say that China will continue to promote the clean and efficient use of coal while advancing technological research and development to ensure...

Chinese Airlines Urge Government for Support in Resuming International Flights

Members of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) have expressed that domestic carriers are looking to increase the...

China’s Ministry of Natural Resources Releases Guideline for Intelligent-Vehicle Basic Maps

China's Ministry of Natural Resources has taken another significant step towards realizing the country's ambitious goals of developing intelligent-vehicle technology. The Ministry recently released...

JAC reports 41.57% YoY increase in February sales, with 15,700 vehicles exported

Anhui Jianghuai Automobile Group Co Ltd (JAC), one of the leading Chinese automakers, has reported a significant increase in sales for the month of...

U Power Teams Up with fblife.com to Create Customized Vehicles and Experiences

A Chinese startup named U Power made a groundbreaking announcement on Tuesday, unveiling the country's first-ever skateboard chassis-by-wire that is ready for mass production....

Shanghai Gold Exchange Denies Report of Perth Mint Selling Diluted Gold to China

In recent news, the Shanghai Gold Exchange (SGE) and the Perth Mint have found themselves embroiled in a he-said-she-said situation regarding allegations that the...

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