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(Reuters) -- Chinese conglomerate Fosun International will buy the remaining stake in Shanghai Henlius Biotech it does not already own in a deal that values the Hong Kong-listed drugmaker at $13.37 billion Hong Kong dollars ($1.71 billion), the companies said on Monday.
China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday.
SHANGHAI (Reuters) -- China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles being imported into the European market, senior officials of both sides said on Saturday.
SHANGHAI -- Chinese people are hitting the road in recreational vehicles in greater numbers as young outdoorsy types and retirees alike embrace the freedom and convenience of nomadic travel life.
SHANGHAI (Reuters) -- Germany's Economy Minister Robert Habeck said during his visit to China on Saturday that the door of the European Union is open for discussions regarding EU tariffs on Chinese exports.
SHANGHAI - Germany's Economy Minister Robert Habeck said during his visit to China on June 22 that the European Union is open for discussions regarding tariffs on Chinese exports.
SHANGHAI -- Major Chinese state-owned lender Industrial and Commercial Bank of China (ICBC) overtook liquor maker Kweichow Moutai for the highest market capitalization on the mainland stock market for the first time in four years on Friday.
SHANGHAI -- Chinese stocks are teetering on the brink of a psychologically important level as they give up gains amid concerns about the outlook for consumer spending.