52 m. ago China’s biotech industry is gaining on the US. Can tariffs hold them back?

In the summer of 2015, a time when China’s pharmaceutical market was in a phase of rapid expansion, a sudden regulatory change sent tremors through the industry: drug companies would need to audit the clinical trial data for all pending applications. If withdrawn within a month of the announcement, firms could avoid penalties for submitting flawed applications, but hiding or falsifying data would court severe punishments, including multi-year filing bans. The response from the industry indicated...

Economics

6 h. ago The AI Energy War: How China’s Solar and Nuclear Outshine the U.S.

The AI Energy War: How China’s Solar and Nuclear Outshine the U.S.  CarbonCredits.com

Events

7 h. ago Google hit with US$3.45 billion EU antitrust fine over adtech practices

Alphabet’s Google was hit with a €2.95 billion (US$3.45 billion) EU antitrust fine on Friday for anticompetitive practices in its lucrative adtech business, marking its fourth penalty in its decade-long fight with EU competition regulators. The move by the European Commission was triggered by a complaint from the European Publishers Council and comes amid a threat by US President Donald Trump to retaliate against the European Union for any push against Big Tech. The EU competition enforcer had...

Economics

8 h. ago Bravehart, a stealthy startup, looks to China to challenge Bristol Myers heart drug

Bravehart, a stealthy startup, looks to China to challenge Bristol Myers heart drug  BioPharma Dive

Events

10 h. ago China, Pakistan pledge stronger tech and trade cooperation amid US charm offensive

China and Pakistan have pledged to expand trade and deepen technological cooperation in areas ranging from agriculture to space exploration, at a time when Islamabad is warming to the United States. During a meeting on Thursday with Pakistani Prime Minister Shehbaz Sharif, Premier Li Qiang said Beijing would advance the second phase of the China-Pakistan Economic Corridor (CPEC), a flagship infrastructure project under the Belt and Road Initiative. “Global instability and uncertainty have grown...

Politics

10 h. ago Ukraine war must be resolved within UN halls, not on the battlefield

This year marks the 80th anniversary of Japan’s surrender in World War II and the founding of the United Nations. Humanity learned with great pain that peace and security must coexist for all nations, and the vicious circle of war must not be repeated. In 1941, the United States imposed an oil embargo on Japan in response to its expansion in Asia and invasion of French Indochina. For the US and its allies, Japan’s militant aggression was a blatant violation of peace; for Japan, the embargo was...

Events

10 h. ago Taiwan holds back on penalties for Victory Day parade supporters

Taipei authorities have taken a softer line on Taiwanese individuals attending Beijing’s Victory Day military parade this week, despite repeated warnings in the weeks leading up to the event. Former Kuomintang (KMT) chairwoman Hung Hsiu-chu defied the warnings and appeared on the rostrum overlooking Tiananmen Square on Wednesday, watching the parade marking the 80th anniversary of the end of World War II. The next day, Liang Wen-chieh, deputy minister of Taiwan’s Mainland Affairs Council, said...

Politics

10 h. ago China’s parade signals power shift, cold war parallels, says Cornell expert

China’s parade signals power shift, cold war parallels, says Cornell expert  Cornell University

Events

11 h. ago How the US can beat China on drug safety and national security

How the US can beat China on drug safety and national security  Roll Call

Events

13 h. ago Chinese man detained for ‘inappropriate comments’ about Victory Day parade

A man in the central province of Hubei was detained for allegedly making “inappropriate comments” about China’s Victory Day military parade and spreading rumours. According to cyber police in the city of Xiangyang, the 47-year-old man, surnamed Meng, made slanderous and derogatory remarks on Wednesday while commenting on a social media post about the parade held in Beijing to mark the 80th anniversary of the end of World War II. When others expressed patriotic sentiment, Meng “insulted them and...

Politics

14 h. ago Hong Kong must be louder on trade to fight off threat of Trump protectionism

Few economies depend as heavily as Hong Kong on a free and open multilateral trading system. Few have as much to lose if the current US administration succeeds in disembowelling the World Trade Organization and miring international trade in tariffs and other forms of protectionism. Yet as the global trading system faces a protectionist assault, Hong Kong’s voice is nowhere to be heard. Our economy has a vested interest in pushing back against the chaotic trade protectionism that US President...

Politics

14 h. ago ‘Legitimate targets’: Putin warns West about deploying troops in Ukraine

Russian President Vladimir Putin warned on Friday that any Western forces deployed to Ukraine would be a “legitimate” target for Moscow’s army, a day after Kyiv’s allies said they had committed to a troop presence in the event of a peace deal. Two dozen countries, led by France and Britain, pledged Thursday to join a “reassurance” force on land, at sea and in the air to patrol any agreement to end the conflict, unleashed by Russia in February 2022. Tens of thousands have been killed in...

Events

14 h. ago Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War

Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War  UNITED24 Media

Politics

15 h. ago 512 arrests and 14 tonnes of drugs seized from Hong Kong’s cross

Authorities of Hong Kong, Macau and Guangdong province have called for increased joint operations to combat narcotics following their efforts over the past 18 months, which have resulted in the arrest of 512 people and the seizure of 14.4 tonnes (31,746lbs) of drugs. Officials from mainland China’s central and local anti-drug authorities warned on Friday that the fight against narcotics had become more severe and complicated, with new technologies and types of drugs emerging. Hong Kong hosted...

Events

16 h. ago Ukraine’s drone pilots are ‘killing for points’ as war becomes gamified

Rubik, a Ukrainian military drone pilot, had tracked the every move of one particular Russian soldier for weeks, with the promise of earning at least six points for killing him. In a war increasingly dominated by drones, Ukraine’s military has launched a new score-based purchasing system for units to replenish their stocks, and Rubik - his military nickname - was looking to help his brigade cash in. On the “Brave1” platform launched by Ukraine’s digital transformation ministry, new drones for...

Events

17 h. ago China’s Jiangsu Hengrui signs licensing deal with Braveheart Bio for heart drug

Jiangsu Hengrui Pharmaceuticals, a Chinese developer of novel drugs, could receive up to US$1.01 billion in milestone payments after granting a US company exclusive rights to develop a heart disease drug, the latest example of mainland drug makers licensing early-stage assets to international partners. Jiangsu Hengrui entered into a licensing agreement with one-year-old US start-up Braveheart Bio for its innovative drug HRS-1893 to treat obstructive hypertrophic cardiomyopathy, according to a...

Events

19 h. ago Trump threatens tariffs on chip imports from firms not producing in US

US President Donald Trump said on Thursday his administration would impose tariffs on semiconductor imports from companies not shifting production to the US, speaking ahead of a dinner with major technology company CEOs. Since returning to office in January, Trump’s threat of tariffs has alienated trading partners, stirred volatility in financial markets and fuelled global economic uncertainty. “Yeah, I have discussed it with the people here. Chips and semiconductors – we will be putting tariffs...

Politics

20 h. ago Chinese firms still want Nvidia chips despite Beijing concerns: sources

Alibaba Group Holding, ByteDance and other Chinese tech firms remained keen on Nvidia’s artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said. They wanted reassurance that their orders of Nvidia’s H20 model, which the US firm in July regained permission to sell in China, were being processed, and were closely monitoring Nvidia’s plans for a more powerful chip, tentatively named the...

Politics

21 h. ago Trump renaming Department of Defence the ‘Department of War’

US President Donald Trump is changing the name of the Department of Defence to the Department of War, the White House announced on Thursday, after the US leader repeatedly insisted the rebrand would project a more powerful image. Trump will sign an executive order permitting the use of the Department of War as a “secondary title” for the sprawling department, a White House document said, apparently due to its official name being set in law. That signing was expected to take place on Friday,...

Politics

23 h. ago China’s Xi and North Korea’s Kim pledge deeper ties between nations at meeting in Beijing

China’s Xi and North Korea’s Kim pledge deeper ties between nations at meeting in Beijing  PBS

Politics