45 h. ago China closes biotech gap with US as new drugs, pipelines top 30% of global total

China’s push to become a biotech powerhouse is paying off, with innovative R&D pipelines and newly approved drugs accounting for over 30 per cent of the global total, according to the country’s top economic planner. The sector was showing strong momentum, said Xiang Libin, deputy chairman of the National Development and Reform Commission (NDRC), who cited the figures at the 17th China Bioindustry Convention in Wuhan, Hubei province, on Thursday. China’s bioeconomy, encompassing the research,...

Events

1 week ago Can India become a green hydrogen superpower with US$92 billion in investments?

With billions in investments planned and a swelling roster of corporate partnerships, India’s green hydrogen drive is gathering momentum. But can the country overcome the economic and technical hurdles standing in its way? “We want to make India not only a major producer but also a global hub for green hydrogen export,” declared Shripad Naik, minister of state for power and new and renewable energy, at a business conference in New Delhi last week. Under its National Green Hydrogen Mission,...

Economics

3 w. ago China's factory output, retail sales growth slump in blow to economy

China's factory output, retail sales growth slump in blow to economy  Reuters

Economics

3 w. ago China's July factory output, retail sales growth slump in blow to economic momentum

China's July factory output, retail sales growth slump in blow to economic momentum  Reuters

Economics

3 w. ago China’s growth stumbles in July as retail sales, industrial output miss forecasts

China’s growth stumbles in July as retail sales, industrial output miss forecasts  CNBC

Politics

3 w. ago China's July factory output, retail sales growth miss forecasts

China's July factory output, retail sales growth miss forecasts  Reuters

Politics

3 w. ago China’s economy shows signs of strain as activity metrics lose momentum

China’s economy showed signs of strain in July, with several headline indicators losing momentum amid a weakening of domestic consumption, headwinds from the US trade war and a prolonged property downturn. Retail sales, a major gauge of consumption, rose by 3.7 per cent year on year in July, a decrease compared with the 4.8 per cent growth rate recorded in June, according to data released by the National Bureau of Statistics (NBS) on Friday. The figures fell short of the 4.87 per cent growth...

Politics

3 w. ago China’s economy shows signs of strain as retail sales, output lose momentum

After six months of steady improvement, China’s economy showed signs of strain in July, with several headline indicators losing momentum amid a weakening of domestic consumption, headwinds from the US trade war and a prolonged property downturn. Retail sales, a major gauge of consumption, rose by 3.7 per cent year on year in July, a decrease compared with the 4.8 per cent growth rate recorded in June, according to data released by the National Bureau of Statistics (NBS) on Friday. The figures...

Economics

3 w. ago Developing | China’s economy shows signs of strain as retail sales, output lose momentum

Developing | China’s economy shows signs of strain as retail sales, output lose momentum  South China Morning Post

Economics