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 Finance Minister assures increase in fiscal spending despite tepid revenue growth

On Thursday, Finance Minister Liu Kun announced that while China's fiscal revenue is expected to increase this year, it is likely to be tepid....

China Offers Zero Tariff Treatment to Ethiopia, Burundi, and Niger in Major Trade Boost

China is set to offer a game-changing trade boost to Ethiopia, Burundi, and Niger. Come March 1, a whopping 98 percent of tariff lines...

China Takes Steps to Stabilize Pork Market with Purchase of 20,000 Tonnes of Frozen Pork

China, the world's largest pork producer, is taking steps to stabilize the country's pork market. On Friday, the National Development and Reform Commission, China's...

Chongqing Gene Bank for Silkworms Listed as State-Level Genetic Resource Protection Unit

China's National Genetic Resources Bank of the Silkworm in Chongqing has been listed as one of 12 new genetic resource protection units for state-level...

Reforms in China’s Healthcare Insurance Aim to Promote Efficient Use of Public Medical Funds, Experts Say

Chinese local governments have recently implemented healthcare insurance reforms that aim to promote efficient use of public medical funds and increase benefits for those...

Chinese solar components continue to dominate global market

China has long been recognized as the world's leading manufacturer of solar products and continues to dominate the global solar supply chain, with at...

China’s Tech Companies Set to Flourish in Domestic Capital Markets

A recent report by global consultancy PwC suggests that the Chinese mainland's capital market will receive a boost to support innovative enterprises with key...

China and Iran’s Trade Relationship Continues to Thrive, with $15.8 Billion in Total Trade for 2022

China and Iran have been long-standing trade partners for over a decade, and that trend has continued into 2022. According to the Ministry of...

Chinese Ministry of Commerce Reiterates Significance of Economic and Trade Cooperation with the United States

On Thursday, the Chinese Ministry of Commerce reiterated the significance of economic and trade cooperation between China and the United States. The Ministry stated...

Chinese Chip Industry Association Warns Against US, Japan, and Netherlands’ Export Controls

The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, has expressed opposition to the reported export controls on the country's...

Rural Tourism on the Rise in Hainan, China, Boosting Local Economies and Job Growth

In China's southeastern Hainan province, rural tourism is on the rise. The region is known for its tropical fruits, stunning scenery, and refreshing sea...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

China’s Machinery Industry Set for Steady Growth in 2023, Says Industry Federation

The machinery industry in China is expected to continue its steady growth trajectory, following a faster pace of recovery, according to the China Machinery...

Chinese Housing Market Resilient with Month-on-Month Increase in Home Prices in January

The Chinese housing market showed signs of stability in January, with a greater number of cities experiencing slight month-on-month increases in home prices, according...

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