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18.04.26 - 10:06
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Huawei retains lead in China smartphone market, Apple shipments surge in first quarter (SCMP)
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Huawei Technologies claimed the top spot in China's smartphone market in the first quarter with its highest share in five years, while Apple saw the strongest growth among the top six players, despite a global memory chip crunch.
Huawei held a 20 per cent share in the first three months, the highest since the fourth quarter of 2020, according to a Friday report by Counterpoint Research. Chinese government subsidies that offered a 15 per cent discount for gadgets under 6,000 yuan (US$880), along......
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18.04.26 - 05:00
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As China′s biotech firms shift gears, can AI floor the accelerator? (SCMP)
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A quarter featuring multiple eye-popping deals is no longer unusual for China's pharmaceutical industry – in fact, it may soon be considered a slow season.
In recent months, companies including CSPC Pharmaceutical and RemeGen have struck out-licensing agreements worth up to US$18.5 billion and US$5.6 billion respectively, while Haisco Pharmaceutical Group has added two of its own — most recently a deal worth up to US$745 million.
Under the terms of the deal, the Beijing-based Haisco granted US......
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18.04.26 - 03:27
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Xi Jinping Refocuses On Taiwan With Renewed Political Outreach (ZeroHedge)
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Xi Jinping Refocuses On Taiwan With Renewed Political Outreach
China hosted a high-profile meeting between Xi Jinping and a senior Taiwanese opposition figure from the Kuomintang (KMT), marking a notable resumption of party-to-party engagement after years of limited direct contact, according to Nikkei Asia.
The meeting was tightly choreographed, featuring an extended handshake, formal seating arrangements, and controlled media coverage. These elements were designed to convey parity and legitimacy, signaling that Beijing views engagement with Taiwan's opposition as politically substantive.
The KMT has historically supported closer economic and political ties with mainland China under the framework of the “1992 Consensus,” which Beijing interprets as acknowledgment of “one China.” This has allowed the party to maintain communication channels with Chinese officials even when official cross-strait dialogue has broken down.
By contrast, Beijing has suspended most formal contact with Taiwan...
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