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’s abandoned makeshift hospitals transformed into long-term rental apartments

In January, the buzz on China's social media platforms centered around the conversion of a makeshift hospital into long-term rental apartments for skilled professionals...

Experts call for enhanced international cooperation in Belt and Road Initiative to support high-quality development and livelihoods

During the second annual meeting of the Forum on High Quality Development of the Belt and Road Initiative, experts expressed their belief that China's...

China State Shipbuilding Corporation wins 25% of global PCTC market share with large-scale models

All 17 new orders for pure car and truck carriers (PCTC) worldwide in January were won by Chinese shipbuilders, a feat that may seem...

Traditional Premium Brands Lose Steam in China’s Electric Vehicle Market as Chinese Startups Soar

Once a popular choice for those seeking to stand out in the crowded urban streets of China, niche premium brands like Lexus and Infiniti...

SAIC Audi Q6: A Flagship Roadjet Poised to Satisfy Drivers’ Cravings for Performance and Poetry

Amidst the hustle and bustle of city life, there exist individuals who yearn for more than just the monotonous routine of commuting back and...

Geely’s premium electric brand Zeekr’s MPV chosen as official vehicle of 19th Asian Games

Geely's premium electric brand, Zeekr, has announced that its MPV, the Zeekr 009, will serve as the official vehicle of the 19th Asian Games...

Leapmotor Launches C11 SUV with Range Extender Technology to Reduce Fuel Consumption

Chinese electric vehicle (EV) startup Leapmotor has announced the start of pre-sales for its first range-extending SUV C11. The model, priced between 159,800 yuan...

China’s Charging Infrastructure Sees Nearly 100% YoY Growth, Totaling 5.2 Million Units

China's charging infrastructure has experienced tremendous growth in 2022, with a near 100 percent year-on-year increase, bringing the total number of charging units to...

Chinese AI Pioneer iFlytek Prioritizes Generative AI Pre-Training Large-Scale Model Development

Chinese artificial intelligence company iFlytek announced that it will incorporate ChatGPT-related technology into its products, such as learning machines. The company plans to hold...

Glamping in China: A Growing Market Despite Pandemic-Induced Challenges

Glamping became a popular trend in China in 2022, as people sought a way to escape the confines of COVID-19 restrictions and enjoy the...

Sanya’s Tourism Sector Sees Boost as Visitors Flock to “Edges of Heaven, Corners of the Sea”

Sanya, a coastal resort city in South China's Hainan province, is seeing a surge in tourism as visitors flock to Tianya Haijiao, a famous...

China’s total logistics revenues up by 4.7% in 2022

China's logistics industry has maintained a steady growth trajectory in 2022, as per the latest industry report by the China Federation of Logistics and...

Hualuxe, the British Hotel Brand that Celebrates Chinese Culture

When walking into a Hualuxe hotel, one may believe that it's a Chinese brand but, in fact, it belongs to British company IHG Hotels...

China’s Zhuzhou Rubber Research & Design Institute Co Ltd Clarifies its Products are for Civilian Use Only

State-owned China National Chemical Corp (Sinochem) has denied recent allegations that its Hunan-based subsidiary, Zhuzhou Rubber Research & Design Institute Co Ltd, is involved...

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