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

Chinese Tech Firms Deploy 5G Networks to Boost Efficiency and Safety in Coal Mines

Chinese tech firms are working to enhance the safety and efficiency of subterranean coal mines, which have traditionally faced challenges with internet connectivity. For...

China Mobile’s Yang Jie proposes green development for data centers

As China continues to digitize, data centers are becoming increasingly essential for processing, storing, and forwarding information. However, with the rising energy consumption and...

Chinese Private Enterprises Confident About Economic Recovery with Government Support

In a recent statement during the two sessions in China, Qi Xiangdong, a member of the 14th National Committee of the Chinese People's Political...

Guizhou Province to Build Over 30,000 5G Base Stations in 2023, Cementing its Position as China’s Big Data Hub

Southwest China's Guizhou province has emerged as a major big data hub in China, thanks to its relentless pursuit of innovation and cutting-edge technology....

Chinese EV makers expand their global reach, targeting new markets

Chinese electric vehicle (EV) makers are increasing their global presence as more countries shift towards electrification. One such country is Jordan, where hundreds of...

Great Wall Motors’ Electric Brand Ora Introduces Upgraded Good Cat Model with Extended Range

Ora, the electric brand of Great Wall Motors, has recently unveiled the 2023 version of its retro-inspired Good Cat model, which boasts an array...

Nio aims to double 2023 sales figures, hopes to be profitable by Q4

China's leading electric carmaker Nio is anticipating a significant increase in sales for 2023, with expectations of doubling figures from the previous year. This...

Tesla Engineers Reveal Plans to Cut Assembly Costs in Half for Future Vehicles

Tesla is looking to drastically reduce assembly costs for its next-generation vehicles, according to engineers who spoke at the company's recent investor meeting. Lars...

GAC Honda Unveils Integra Hatchback in China: A New Model for the Younger Generation

GAC Honda, the joint venture between Honda Motor Company and China's Guangzhou Automobile Group, recently launched its new offering, the Integra Hatchback, in Guangzhou,...

Premier Li Keqiang outlines China’s focus on self-sufficiency in science and technology

In a speech delivered on Sunday, Premier Li Keqiang announced that China will continue its efforts to become self-reliant in science and technology. This...

Budweiser China promotes road safety awareness with traffic police general brigade

Budweiser China, a unit of Budweiser Brewing Co APAC Ltd, has partnered with the traffic police general brigade of Shanghai Municipal Public Security Bureau...

Chinese Ministry of Commerce slams US export control list as an act of economic bullying

The Chinese government has condemned the United States' actions to place multiple Chinese entities on an export control list. The move has been described...

China opens new cargo consolidation hub for China-Europe freight trains

A new cargo consolidation hub has been inaugurated in Shenyang, the capital of Liaoning province in Northeast China. The China Railway Express (Shenyang) Hub...

China’s Foreign Trade Shows Strong Resilience Despite Unfriendly Environment

Many people are concerned about the state of the global market and believe that demand is declining sharply. However, this assessment may not necessarily...

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