Understanding China’s Respiratory Illness Surge: What You Need to Know

By Andrew Silver SHANGHAI (Reuters) – The World Health Organization’s request for more information on the increasing respiratory illnesses and clusters of pneumonia in children in China has garnered global attention. Health authorities later stated that no unusual or novel pathogens had been detected, and there is no cause for international alarm, according to doctors …

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China’s Slowing Profit Growth Causes Asian Stocks to Decline: Market Update

Asian stocks dropped, and US equity futures decreased as the rate of growth in Chinese industrial profits slowed, dampening hopes following last week’s rally. The yen surged against all major currencies, with China shares leading the dip. Data revealed that profits at the nation’s industrial companies grew at a slower pace, signaling lingering uncertainty in …

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Indian Drug Manufacturers Reap Benefits from Big Pharma’s Focus Outside of China

By Maggie Fick, Andrew Silver and Rishika Sadam LONDON/SHANGHAI/HYDERABAD (Reuters) – Amid increasing tensions with China, pharmaceutical companies are reassessing their reliance on Chinese contractors for the production of drugs used in clinical trials and early-stage manufacturing. This shift has led to a surge in demand for alternatives in India, as revealed in interviews with …

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Huawei and Changan joint venture to enhance smart car operations

In an announcement on Sunday, Huawei revealed plans to transfer key technologies and resources from its smart car unit, which has seen strong sales of several new vehicles, to a new joint company, with automaker Changan Auto holding up to 40% ownership. According to a press release from Huawei, the new joint venture will focus …

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Newly Discovered Bat Coronavirus Linked to Pangolins: Chinese Scientists Report Same Mutation as Covid

Scientists have discovered a new wild coronavirus that closely resembles Covid-19 and is located 1,000 miles from Wuhan. Named TyRo-CoV-162275, this virus has the same cleavage site that Covid-19 has been known for, raising the possibility that Covid-19 originated in the wild and not in a lab. Moreover, researchers also found that this new virus …

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Volkswagen Set to Unveil New China-Focused Entry-Level Electric Platform

Volkswagen announced on Friday its plan to develop a new platform for entry-level electric vehicles in China, aiming to use more local components to reduce costs. The company is on a mission to reclaim its position in the world’s largest auto market. The new platform, known as the A Main Platform, is specifically designed to …

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