Beijing

New Business

China’s pharmaceutical sector moves into the big leagues as a global innovation powerhouse

China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose…

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New Business

Can rising lithium costs save China’s energy storage firms from a brutal price war?

China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has…

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New Business

China confirms issuing of first general licences for rare earth exports

Beijing confirmed on Thursday that it has begun granting general licences with lengthier terms for exports of rare earth elements…

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China’s Hainan launches separate customs regime allowing tariff-free imports

China’s southern Hainan province implemented a separate customs regime on Thursday, as Beijing seeks to develop the island into an…

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As trade deficit mounts, is EU offering China what it wants to buy?

Facing an ever-increasing trade deficit with China, Europe has limited options to balance the situation in the short term even…

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BYD ups the ante on L3 autonomous cars, begins testing models for mass production

Chinese electric vehicle (EV) leader BYD has reinforced its push to build and sell more cars fitted with level 3…

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Laos cleared to export fresh durians to China as Malaysia, Thailand face new rival

Laos has received approval to begin exporting fresh durians to China, becoming the latest Southeast Asian nation to vie for…

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Wealthy Chinese appear to shun Trump’s ‘gold card’ immigration programme

When US President Donald Trump first proposed his “gold card” programme earlier this year, offering permanent residency to the super-rich,…

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China warns platforms on monopolistic tactics such as ‘lowest-price’ requirement

China’s market regulator has warned that internet platforms demanding merchants offer the “lowest price across the internet” may face antitrust…

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New Business

Memory crunch: Chinese tablet makers Xiaomi and Honor raise prices as chip costs surge

Chinese tablet makers, including Xiaomi and Honor, have raised prices across their product lines as they scrambled to absorb soaring…

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