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Society

China's biotech pioneers

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By David Cao
David Cao
06 November 2010
Hits: 776

When Mireille Gingras made her first trip to China six years ago, Xian Ping Lu was exactly the sort of person she was hoping to meet, and the company he had founded -- Chipscreen Biosciences -- just the sort she wanted to do business with. She just hadn't been sure they existed.

The Montreal-born neurobiologist had started her own San Diego consulting firm, HUYA Bioscience, which tried to help Big Pharma and biotech firms latch on to promising early-stage drug developments across the globe.

China hadn't been on her radar back then. For the pharmaceutical and biotech industries -- just like toys or consumer electronics -- China was (and to a large extent still is) a source of inexpensive products that can be sold, as Wal-Mart (WMT) might put it, "for everyday low prices." China has been an increasing source of generic drug development for pharma, but not the kind of research-intensive, expensive-to-develop medicines that are the stuff of patents and high profit margins. "People didn't think there was anything happening there back then," Gingras says.

Read more: China's biotech pioneers

China “Food For Thought” IPO Halted

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By David Cao
David Cao
06 November 2010
Hits: 905

Strong demand for Chinese shares among global investors has helped to fuel a record number of new offerings from the country this year.

Yesterday, the company, a Shanghai property developer, said in new statement at the Hong Kong Stock Exchange that it wouldn’t go ahead with the originally planned timetable for the offering in “light of the continued policy uncertainty surrounding the PRC property sector,” and “with the investors’ best interests in mind.”

CJ Land “will continue to review the market situation and further announcement(s) will be made at such time as a decision regarding a relaunch is reached,” it said.

Here’s a summary of CJ Land’s new announcement:

Read more: China “Food For Thought” IPO Halted

QQ and 360 Safeguard in War

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By David Cao
David Cao
05 November 2010
Hits: 943

A battle over alleged unfair business practices between Tencent, operator of the popular instant-messaging software QQ, and Qihoo 360, China’s biggest antivirus service provider, escalated this week when Tencent stopped service to QQ users whose computers are installed with Qihoo 360’s software.

Users are complaining in online forums and microblogs that the companies’ conflict, one of the most recent and extreme examples of how competition between companies in China can sometimes snowball into public mudslinging, is now affecting innocent bystanders, and are calling the incident “small gang vs. mafia,” with Tencent, one of the world’s largest Internet companies by market capitalization, earning the latter, more powerful label.

Read more: QQ and 360 Safeguard in War

Harvard a Hit in China, but India Proves Trickier

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By David Cao
David Cao
05 November 2010
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Harvard Business School is expanding its executive education offerings in China to meet growing demand for management instruction there, says David Yoffie, senior associate dean of executive education at Harvard.

The school has rapidly expanded overseas in the last four years, focusing on China, India and Europe with programs that teach everything from venture capital to strategy execution. China has seen the quickest growth.

But Harvard has had a trickier time in India. It found strong demand at low price levels, but companies have resisted paying the same prices Harvard charges in the U.S.

Read more: Harvard a Hit in China, but India Proves Trickier

Jia Zhangke - I Wish I Knew

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By Dean Napolitano
Dean Napolitano
05 November 2010
Hits: 708

Jia ZhangkeChinese director Jia Zhangke has earned a reputation for making films about potentially controversial issues with a strong point of view. Giving voice to those who might not otherwise be heard “is more important than to remain in silence,” he says.

The 40-year-old director describes himself as “like an orphan anxious to learn the truth about where he comes from.” His latest film, “I Wish I Knew,” looks at Shanghai’s sometimes turbulent history from the 1930s to the present. Blending documentary and fictional narrative, 18 people from different walks of society describe their lives during China’s civil war, the Cultural Revolution and other historical events.

Mr. Jia, who studied at the Beijing Film Academy, is a prominent figure among China’s “sixth-generation” movie directors—independent filmmakers exploring realistic themes. His films focus on the immense changes taking place in Chinese society and their effect on ordinary citizens. “Platform” (2000) delved into China’s modernization; “Still Life” (2006) looked at the social impact of the Three Gorges Dam; and “24 City” (2008) examined urban development.

Read more: Jia Zhangke - I Wish I Knew

More Articles …

  1. Ma Huateng - China’s Billionaire Welfare Scandal
  2. Kosmos Energy of U.S. Rejects $5 Billion Offer From Cnooc and GNPC
  3. Beijing Sees Resistance to Census
  4. Free subway service in Guangzhou attracts 2m new passengers: gallery
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Banking

  • China T-bond move seen safeguarding financial stability
  • RMB expected to stay stable
  • China's policy bank provides 197.3 bln yuan in green loans in Q1
  • China central bank conducts reverse repos to maintain liquidity
  • Former president of China Merchants Bank under investigation

Business China

  • China Space Pioneer apologizes after test rocket crashes
  • China's rail freight volume hits record high in April 2022
  • China domestic travel bounces back to health
  • CES Asia 2020 canceled amid COVID-19 concerns
  • Danke Announces Updates to its Board and Senior Management

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Manufacturing

  • 2025 Huawei launches latest foldable phone with unusual design
  • Chery Revives the Legend: Electric QQ Aims to Reclaim Glory in the EV Era
  • Cargo drone TP1000 undergoes debut test in Qingdao
  • Xiaomi YU7 SUV Test Car 258 exposed on Weibo
  • EngineAI's Robot Step Into New Era

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