China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the US Entity List in 2022, conduct trials and test samples.
Republican attorneys-general say Wall Street groups underplay China risks
Republican attorneys-general from more than a dozen US states have accused BlackRock, Goldman Sachs and JPMorgan of misrepresenting the risks of investing in China, including the possibility of a ...
AstraZeneca sales jump despite troubles in China
Sales in China fell 3 per cent during the quarter. AstraZeneca said this was mainly because the winter had been mild, causing a drop in sales of respiratory drugs used to treat viral infections. It ...
China appoints ‘wolf warrior’ ambassador to manage affairs with Europe
Former ambassador to France Lu Shaye, who enraged many in Europe in 2023 when he questioned the sovereignty of former Soviet states and whether Crimea was part of Ukraine, had been appointed China’s ...
Temu’s business model is here to stay
It has also diversified geographically — limiting the impact of tax loophole closures. The US accounts for less than half of Temu’s global GMV, compared with 100 per cent three years ago, when the app ...
The world’s exporters search for new customers if Trump cuts off trade
But Trump will come back for more, and broaden his targets to include the EU and middle-income economies aside from China. He has a particular animus against Vietnam, which he correctly views as a ...
Transcript: EU pushes ahead with sprawling AI regulation
The European Union has American AI companies in its crosshairs. Brussels is pushing ahead with new rules on artificial intelligence, even as Donald Trump warns that he’ll hit back if US companies are ...
Rapid trials prompt deals rush for Chinese ‘super me-too’ drugs
Trials in China usually recruit patients faster than in the west because of the country’s large pool of people who have not yet taken drugs for their condition and who are keen to participate in ...
Trump tracker: US tariffs
Donald Trump announced steep new tariffs on Canada, Mexico and China on Sunday But on Monday the additional tariffs on Canada and Mexico were paused for 30 days Although the US’s additional tariffs on ...
In private credit, liquidity is bad
Loans initiated by private credit are not marked to market, which means lower volatility, or at least the appearance of lower volatility, which lowers those loans’ correlations with publicly traded ...
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.
He’s back: the Prince of Darkness returns
All political careers may end in failure, but the UK’s new ambassador to Washington, Peter Mandelson, isn’t done yet ...