In Beijing’s bid to realise ambitious economic growth goals for this year, steps are being taken to ensure local-level authorities are pulling their weight and not making matters worse for struggling ... ( read original story ...)
China stocks close lower; Wuxi Apptec drags down HK shares
China’s blue-chip CSI300 Index and the Shanghai Composite Index closed down 0.3% and 0.2%, respectively. Hong Kong’s benchmark Hang Seng Index dipped 0.7%. Gaming and semi-conductor shares dropped 3.2 ... ( read original story ...)
Swire Eyes More Hospital Investment in China, Southeast Asia
After decades of operating Hong Kong’s marquee airline and coke bottling factories in China, Swire Pacific Ltd. is diversifying into a new line of business: private hospitals in China and Southeast ... ( read original story ...)
A Shanghai-style dim sum and soup dumpling spot coming to Delaware. What to know
A new Shanghai-style soup dumpling restaurant is coming to Newark ... but also all of the senses." Matthew Korfhage is business and development reporter in the Delaware region covering all the things ... ( read original story ...)
Shanghai issues plan to boost foreign R&D centers with targeted policies
Shanghai's Municipal Government released a plan to enhance ... amid a national campaign to improve business climate for foreign companies and encouragement policy measures that support foreign ... ( read original story ...)
Shanghai copper near two-year high as Chinese smelters seek output cut
The most-traded May copper contract on the Shanghai Futures Exchange (SHFE) climbed as much as 1% to 70,380 yuan ($9,790.50) per metric ton, the highest since April 2022. Benchmark three-month copper ... ( read original story ...)
Apple, Tesla Struggle As China’s Business Environment Becomes Increasingly Hostile For US Tech Giants Amid Xi Jinping’s Nationalist Policy Push
The once-promising Chinese market is proving to be a tough nut to crack for American tech giants, with Apple Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA) facing significant challenges. What ... ( read original story ...)