Category: Shanghai News

China welcomes U.S. firms to expand investment: commerce official

Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment ……


Woman guilty in scheme to ship military boats to China

A Florida woman has been convicted in a scheme to buy and ship inflatable military boats from the U.S. to China ……


China’s third aircraft carrier takes shape, with ambitions to challenge U.S. naval dominance

Shipbuilders in Shanghai have laid out the hull of China’s first modern aircraft carrier, which could be launched into the water in the coming months as it enters the latter phases of construction, ……


US firms welcome to increase their investment in China: MOFCOM

Xinhua US firms can share China’s development dividends and are welcome to increase their investment in the country, China’s vice minister of commerce told US business representatives while urging ……


A local’s guide to

Gongdelin is a China-wide chain with a score of Shanghai outlets owned by Quanjude Roast Duck, but this particular outpost is a family franchise with a personal touch. There is also a Gongdelin ……


Arm China investor sues company, escalating CEO spat amid sale

The Chinese division of UK-based chip designer Arm Ltd has been sued by an investor over its board’s attempt to oust the unit’s chief executive, escalating an internal dispute at a time when the tech ……


Alibaba Group opens China factory as part of new manufacturing initiative

Alibaba Group Holding Ltd on Wednesday unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its “smart manufacturing” business initiative. The announcement marks a continuation ……


China shares snap rally as experimental vaccines stoke safety concerns

China stocks snapped a three-session rally to close lower on Wednesday, with consumer and healthcare shares leading losses, as experts were concerned over the safety of drugs used in experimental ……


OCTIMET partners OMO-1 and OMO-2 with Shanghai Allist Pharmaceuticals Co., Ltd. for Greater China

OCTIMET Oncology NV, a clinical-stage Belgian life science company with a focus on the development of highly selective, differentiated MET kinase inhibitors, is pleased to announce the licensing of th ……


Why China’s Third Aircraft Carrier Might Be a Supercarrier After All

The new carrier is expected to have an electromagnetic catapult launch system, which is more effective than the ski jumps, while it could be considerably larger. It is expected the full displacement ……