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Tag: China

03Jan

China taxes condoms, contraceptive drugs in bid to spur birth rate

Hong Kong: China removed a three-decade-old tax exemption on contraceptive drugs and devices from Jan 1 in new steps to spur a flagging birth rate. Condoms and contraceptive pills now…
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03Jan

BYD Sales Slide in December as China’s EV Price War Bites

BYD sharply declined in December from a year before, as it closed the curtains on a volatile year for China's electric vehicles amid an aggressive price war and weak domestic…
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02Jan

German exporters brace for weak US and China demand through 2026

Berlin: German exporters should prepare for continued weakness in 2026 in their two largest markets, the United States and China, with little prospect of recovery, the BGA trade association said…
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01Jan

China’s LandSpace targets $1.07bn IPO to scale reusable rocket tech

Beijing: China's rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in a potential initial public offering to boost its production and technology for reusable rockets, according to…
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01Jan

US grants annual licence to TSMC for chip equipment imports to China plant

The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The…
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31Dec

China urges Netherlands to correct Nexperia “mistakes”

China urged the Netherlands on Wednesday to correct what it said were "mistakes" in relation to chipmaker Nexperia and remove obstacles to ensuring the stability of the global chip production…
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30Dec

Novo Nordisk, Eli Lilly Cut Prices of Obesity Drugs in China

Novo Nordisk and Eli Lilly are lowering prices of their top-selling obesity drugs Wegovy and Mounjaro in China, according to the Danish drugmaker and Chinese drug suppliers. Novo did not…
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29Dec

China’s Spring, Juneyao to Buy 55 Airbus A320 Jets

China's Spring Airlines and Juneyao Airlines on Monday announced plans to buy 30 and 25 Airbus A320-family jets respectively, according to stock exchange filings. Budget carrier Spring Airlines has agreed to…
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29Dec

China proposes tighter rules on emotionally interactive AI services

China's cyber regulator on Saturday issued draft rules for public comment that would tighten oversight of artificial intelligence services designed to simulate human personalities and engage users in emotional interaction. The…
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29Dec

China flexes muscle on BHP, ramps up hardball tactics to squeeze iron ore giants

China's state iron ore buyer is using increasingly hardball tactics against mining giants such as BHP to tighten its grip on the $132 billion seaborne market and extract better terms…
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