China’s Midea Group Announces Bid for Germany’s Kuka
on May 18, 2016
The offer is one of the largest unsolicited approaches of a foreign company by a Chinese buyer.
China Finds Its Global Ambitions Humbled in Its Own Backyard
on May 18, 2016
China has more economic power than ever before, but its political iron hand makes it hard to win the hearts and minds of Hong Kong and Taiwan.
Family of Activist Who Died in Police Custody Files Complaint Alleging Abuse
on May 18, 2016
Lei Yang was arrested on a charge of soliciting a prostitute in early May; less than an hour later he was dead.
Time Traveling Through Dramatic Urbanization in China Over Decades
on May 18, 2016
Twenty-six years ago, only 26 percent of the Chinese population lived in urban areas. Since then, China’s urbanization rate has risen to almost 56 percent, meaning hundreds of millions of people have packed themselves into the country’s 662 cities.
Government Forces Big Pharma to Swallow a Bitter Pill
Changing Market Rules May Force Multinationals to Cut Prices
on May 17, 2016
China’s latest round of healthcare market controls could be a bitter pill for multinational pharmaceutical companies that now, after years of what some call easy profits, are adapting to a tougher business climate.
The National Health and Family Planning Commission is demanding that multinationals cut prices on five types of drugs used for treating major ailments including cancer. Negotiations between the two sides, which started late last year, could reduce prices for these drugs by more than half, the commission says.
China-Taiwan Relations To Take A Holiday Under New President
on May 17, 2016
To seek peace with China, Tsai would need to make her first dialogue proposal that Beijing might accept.
China Quietly Targets U.S. Tech Companies in Security Reviews
on May 17, 2016
China is scrutinizing whether those companies pose potential security threats to the country.
China Breaks Official Silence on Cultural Revolution's 'Decade of Calamity'
on May 17, 2016
Communist party’s decision not to address the anniversary until 24 hours after it had passed underlined its discomfort.
Real-Estate Lawsuits Surge in China
on May 17, 2016
Undelivered homes drive some buyers to sue while developers seek refunds on land.
Will China's Educational System Strangle Economic Growth?
on May 17, 2016
Despite the brain drain, China still managed to produce enough talents to make it the fastest growing nation in the past two decades.