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 Astronauts Install Self-Developed Two-Photon Microscope on Space Station, Capture 3D Skin Cell Images

Chinese astronauts aboard the Shenzhou-15 crew have accomplished a groundbreaking feat, capturing three-dimensional structural images of their skin cells with China's self-developed two-photon microscope...

China’s GDP reaches $17.44 trillion, making it the world’s second-largest economy

China's economy remains strong despite facing pressures and challenges from a gloomy global outlook, slowing external demand, and a weak property sector. According to...

Macao businesses set to receive boost from new measures in Guangdong-Macao In-Depth Cooperation Zone

The Guangdong-Macao In-Depth Cooperation Zone in Hengqin has issued new measures to support the development of Macao-invested companies in the zone. The updated measures...

Tibet autonomous region implements new regulation to boost small and medium-size enterprises

According to the Department of Economy and Information Technology of the Tibet autonomous region, the region will implement a new regulation on promoting the...

China’s Canton Fair Returns With Expansion, Featuring Industrial Automation and Intelligent Manufacturing

After three years of the COVID-19 pandemic, the China Import and Export Fair, widely known as the Canton Fair, is set to resume physical...

Agilent Technologies’ Shanghai Manufacturing Center Reaches Laboratories in 110 Countries and Regions Worldwide

According to executives of Agilent Technologies Inc, a US-based company engaged in life sciences, diagnostics, and applied chemicals, products from Agilent Technologies (Shanghai) Co...

China’s State-Owned Enterprises Poised to Expand Globally in 2023, Experts Say

According to experts and business executives, China's State-owned enterprises (SOEs) are expected to increase their revenue and expand their global market presence this year...

Walmart China’s Fourth Quarter Growth Sparks Recovery of Consumer Goods and Retail Sectors

Industry insiders have pointed to Walmart China's strong fourth-quarter growth as a sign of a steady recovery for the fast-moving consumer goods and retail...

Shandong Port Group Accelerates Efforts to Build World-Class Port Through Digitalization and Innovation

Shandong Port Group, the world's largest port conglomerate by cargo capacity, is doubling down on its efforts to build a world-class port, as its...

Guangdong Encourages Overseas Chinese to Participate in Province’s High-Quality Development Efforts

Authorities in Guangdong are calling on overseas Chinese to participate in the province's efforts to achieve high-quality development. According to Huang Kunming, the Party...

China’s Economic Recovery Driven by Consumption and Real Estate

Indicators such as passenger and tourist volumes have seen improvement, although manufacturing sector activity remains sluggish due to tepid demand and export weakness. China's...

China’s Economic Recovery Expected to Slowly Rebound in 2023, Says Expert

China's economy is expected to rebound in 2023, with two key factors underpinning the country's economic recovery. Firstly, the optimization of COVID-19 management measures...

Foreign Companies See China as Crucial Locomotive for Global Economic Growth in 2023, AmCham South China Survey Shows

According to a recent survey, China remains an attractive destination for foreign investors, with over 90 percent of companies selecting it as one of...

Chinese machinery giant Sany Group leads Yancheng’s green agenda with new industrial park

Sany Group, the Chinese machinery behemoth, has unveiled the Sany & Zhongding New Energy Building Materials Industrial Park in Yancheng, Jiangsu province, with the...

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