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

ChatGPT Pushes Educators to Redefine the Purpose of Education, Says OECD Director

Andreas Schleicher, the director of education and skills for the Organisation of Economic Co-operation and Development, believes that the arrival of ChatGPT will have...

Inner Mongolia commerce department leads business mission to the Middle East

A wave of Inner Mongolian enterprises is set to make their way to the United Arab Emirates (UAE) and Saudi Arabia in search of...

China’s Hubei Province Hosts Nearly 2,500 Job Fairs for 856,000 Job Openings

As China's economy bounces back, job seekers are flooding to the job fairs in Hubei province, a major industrial province. The "Spring Breeze" event,...

Beijing Launches Its First AI Computing Center to Meet Growing Demand for Intelligent Computing Power

The Chinese capital of Beijing has launched its first artificial intelligence (AI) computing center, the Beijing Ascend AI Computing Center, to meet the rapidly...

China’s Petrochemical Industry Sees 14.4% YoY Revenue Growth in 2022 Despite Profit Dip

China's petrochemical industry experienced mixed fortunes in 2022, with revenue rising significantly but profits declining, according to the China Petroleum and Chemical Industry Federation...

China to lead the way in IoT development with ambitious digital infrastructure plans, according to new report

China's IoT sector is set to experience robust growth in the coming years, with the country's IoT connections projected to reach nearly 10.25 billion...

SPIC invests $102m in nuclear heat transmission pipe network expansion

State Power Investment Corp has commenced the construction of a nuclear heat transmission pipe network to expand nuclear power-based heating projects to more areas...

HTC Unveils Vive XR Elite: The Latest in Immersive Mixed Reality and Virtual Reality Technology

HTC Corp has announced the release of its latest virtual reality (VR) headset, the Vive XR Elite. The headset combines mixed reality (MR) and...

From Writing Essays to Inspiring Speeches: How ChatGPT is Revolutionizing AI

Israeli President Isaac Herzog made global headlines recently when he delivered a speech that was partly written by ChatGPT, the seemingly omnipotent artificial intelligence...

China’s Sinopec Takes Lead in Green Hydrogen Production, Boosts Ambitions with Major Project

China Petrochemical Corp, also known as Sinopec, has commenced construction on the world's largest integrated green hydrogen production project, according to an announcement made...

Lenovo’s Diversified Growth Engine Pays Off with 41% Revenue from Non-PC Businesses

Chinese tech company Lenovo Group Ltd announced on Friday that it had made significant progress in its plan to build a diversified growth engine...

China and Central Asia Strengthen Industrial and Investment Cooperation

China and the five Central Asian countries -- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan -- share a broad space for industrial and investment cooperation,...

China announces plan to improve product quality and enhance competitiveness by 2025

China is stepping up efforts to improve the quality of its products and services, and enhance the influence of its brands, by 2025. According...

EU lifts COVID-19 travel restrictions on Chinese travelers

European Union (EU) countries are gradually removing travel restrictions on travellers from China. This move comes as health experts from the 27 EU members...

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