27 h. ago ‘Blue ocean market’: why Brazil is becoming a magnet for Chinese investment

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

27 h. ago Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

43 h. ago Taking on China from Russia’s border: Inside Europe’s biggest rare earths factory

Taking on China from Russia’s border: Inside Europe’s biggest rare earths factory  CNBC

Politics

47 h. ago How China went from generic drug factory to biomedicine innovator

China’s pharmaceutical industry is on the brink of enormous growth and transformation. In just a few years, it has moved on from being the world’s cheapest source of active pharmaceutical ingredients to becoming a major hub for pharmaceutical innovation – a place where new, more effective drugs are born. It is now the second-largest developer of drugs, trailing only the United States. In the global drug development pipeline, China’s growth rate is phenomenal, leaping from 3 per cent in 2013 to...

Events

47 h. ago Opinion | How China went from generic drug factory to biomedicine innovator

Opinion | How China went from generic drug factory to biomedicine innovator  South China Morning Post

Events

47 h. ago How China engineered the rapid rise of its drug innovation industry

China’s pharmaceutical industry is on the brink of enormous growth and transformation. In just a few years, it has moved on from being the world’s cheapest source of active pharmaceutical ingredients to becoming a major hub for pharmaceutical innovation – a place where new, more effective drugs are born. It is now the second-largest developer of drugs, trailing only the United States. In the global drug development pipeline, China’s growth rate is phenomenal, leaping from 3 per cent in 2013 to...

Events

67 h. ago Hong Kong travel agency probed for announcing closure only a day before it folds

A Hong Kong travel agency has allegedly broken the law by announcing its plan to fold only a day before its closure, affecting 1,500 customers and involving around HK$1.7 million (US$218,400), according to a watchdog. The Travel Industry Authority on Wednesday vowed to investigate M&F Lucky Holiday Limited over its alleged rule violation after the company announced its intention to cease operations on Tuesday, a day before it shut down. “It constitutes a breach of the ordinance,” the watchdog...

Politics

67 h. ago Hong Kong travel agency probed for revealing closure day before it folded

A Hong Kong travel agency has allegedly broken the law by announcing its plan to fold only a day before its closure, affecting 1,500 customers and involving about HK$1.7 million (US$218,400), according to a watchdog. The Travel Industry Authority on Wednesday vowed to investigate M&F Lucky Holiday after the company announced on Monday its intention to cease operations the following day. “It constitutes a breach of the ordinance,” the watchdog said, referring to the Travel Industry Ordinance,...

Politics

3 d. ago Factory of factories: China’s manufacturers join wave of overseas expansions

With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. China, known as the “world’s factory” after decades spent manufacturing and shipping much of the world’s consumer goods, is now going a step further: as a number of...

Politics

3 d. ago Inside China’s Robot Training Factory: Where Humanoids Learn to Work

Inside China’s Robot Training Factory: Where Humanoids Learn to Work  Sixth Tone

Politics

3 d. ago Chinese involvement stalls Manila Bay bridge project due to security fears

The Philippines deferred the awarding of a project that is part of a plan to build one of the world’s longest marine bridges after local opposition over the potential involvement of a Chinese company due to national security fears. The proposals were “undergoing thorough review” by the Asian Development Bank (ADB), which acts as a lender and an overseer of the project to ensure it meets international environmental and governance standards, Manila’s public works department said in a statement on...

Events

3 d. ago China turns to school ‘snow breaks’ to warm up winter tourism industry

Northern regions across China are introducing “snow breaks” this winter as part of broader efforts to stimulate domestic tourism and spending amid deflationary pressures. Northeastern Jilin province is the latest to announce the initiative, with plans to give primary and secondary school pupils a short holiday from Wednesday to Sunday. The additional days off will not shorten the traditional winter and summer holidays, the local government said. Government agencies, enterprises and public...

Events

4 d. ago Beijing aims to harness state, private sectors to build ‘world

China’s state-asset watchdog has urged the country’s state-owned enterprises to act as an anchor for strategic industries, while also calling for a predictable, level playing field for private firms – a combination it said was essential for building world-class businesses. Zhang Yuzhuo, chairman of China’s State-owned Assets Supervision and Administration Commission (SASAC), outlined Beijing’s latest push to strengthen both the state and private sectors in an article published in Community Party...

Politics

4 d. ago China's Factory Activity Drops for Eighth Straight Month Despite Small Uptick

China's Factory Activity Drops for Eighth Straight Month Despite Small Uptick  Yicai Global

Politics

4 d. ago China's November factory activity swings back to decline, private PMI shows

China's November factory activity swings back to decline, private PMI shows  MSN

Politics

4 d. ago China Factory Gauge Unexpectedly Dips in Sign of Deeper Slowdown

China Factory Gauge Unexpectedly Dips in Sign of Deeper Slowdown  Bloomberg.com

Politics

4 d. ago China’s Private Factory Gauge Unexpectedly Falls as Growth Cools

China’s Private Factory Gauge Unexpectedly Falls as Growth Cools  Bloomberg Law News

Politics

4 d. ago China’s November factory activity swings back to decline, private PMI shows By Reuters

China’s November factory activity swings back to decline, private PMI shows By Reuters  Investing.com

Politics

4 d. ago China's factory activity unexpectedly contracts in November, missing estimates, private survey shows

China's factory activity unexpectedly contracts in November, missing estimates, private survey shows  CNBC

Events

5 d. ago Asia markets open December on the back foot as China factory activity weakens unexpectedly

Asia markets open December on the back foot as China factory activity weakens unexpectedly  CNBC

Politics