Day: September 25, 2025

A bridge described by Chinese state media as the world’s highest will open to traffic on Sunday in the mountainous southwestern province of Guizhou. Advertisement The suspension bridge, which took three years to build, crosses the Huajiang Grand Canyon and is intended to cut travel times across the gorge from two hours to just a few minutes, state news agency Xinhua reported. Guizhou is already home to almost half the world’s 100 tallest bridges, and the latest project rises 625m (2,050ft) from the river below to its bridge deck. This…

American pharmaceutical giant Pfizer’s up to US$7.3 billion acquisition of next-generation weight loss drugs developer Metsera will encourage more research spending on innovative products in China but is unlikely to draw new players into the fray, according to analysts. Advertisement The acquisition of the US company, together with other deals by global pharmaceutical firms, would encourage companies already developing obesity drugs – including those in China – to continue their investments, said the consultancy’s Boston-based managing director, TJ Bilodeau. “The deal shows that large pharma players are still willing to…

China should make greater efforts to boost household income over the next five years as the world’s second-largest economy looks to consumption to power future growth, a former senior official said. Advertisement Yang Weimin, a former deputy head of the Office of the Central Leading Group on Financial and Economic Affairs, made the comments ahead of next month’s fourth plenum of the Communist Party’s Central Committee. Committee members will discuss the country’s next five-year plan, with the economic blueprint likely to emphasise income and gross domestic product growth, the upgrading…

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how fine-tuning supply chains would work to China’s advantage. Advertisement For more stories in this ongoing series, click here. On paper, when Apple unveiled its latest flagship smartphone earlier this month, all US-bound models of the iPhone 17 were…

Advertisement Beneath the surface, China has a vibrant backbone made strong by the synergistic effects of infrastructure, human capital, technology and an unparalleled commitment to a green transition. These interlocking strengths form a resilient foundation for sustainable growth in the years ahead. This synergy represents a wave of sustainable, quality development. China stands before a moment of great change as it cultivates a more well-rounded and diversified economy. One aspect of that synergy is the pace at which ideas travel from the laboratory to the market and are scaled into…

US President Donald Trump on Thursday declared that a deal for TikTok satisfied the requirements of the US’ sale-or-ban law for the Chinese-owned short-video app, punctuating months of deliberations and years of angst in Washington over the app’s security implications. Advertisement “We have very good controls,” Trump said at the Oval Office on Thursday while signing an executive order on TikTok’s US operations, adding that Chinese President Xi Jinping had given him the “go ahead” on a deal in their call last week. Speaking at the Oval Office alongside Trump,…

Chinese Premier Li Qiang met with US business, academic and civic leaders on Thursday in New York, urging them to use their influence to help improve troubled relations between the two economic giants. Advertisement Speaking on the sidelines of the UN General Assembly at a private meeting, Li said bilateral ties needed to be actively fostered. Their “steady development requires our two governments to work in the same direction,” said Li, addressing representatives from the National Committee on US-China Relations and the US-China Business Council. “These are all very important…