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Innovent-Pfizer deal makes joint development, commercialization pillar in biotech global push

A researcher seen at an Innovent Biologics lab in Suzhou, Jiangsu province. YANG HAISHI/FOR CHINA DAILY The $10.5 billion partnership announced by Chinese innovative biotech Innovent Biologics and US pharmaceutical giant Pfizer in late May highlights an emerging shift in cross-border biotech dealmaking, with some Chinese drug developers moving beyond traditional out-licensing arrangements toward partnerships…

Brazil to raise up to 5b yuan in issuance of panda bonds

Brazil formally kicked off plans to issue its first sovereign panda bonds on Thursday, a landmark move that officials said would create new opportunities for bilateral cooperation in financial markets. The move, which makes Brazil the first Latin American country to issue sovereign panda bonds, shows the growing interest of international issuers in such bonds…

Global shortage of maintenance capacity hurting airlines, study warns

A deepening global shortage of maintenance capacity for the world’s most widely used next-generation jet engines is crippling airline operations and risks worsening as aircraft fleets expand, the International Air Transport Association said on Wednesday. A study released by IATA and consulting firm Emerton found that durability problems, shortages of spare parts and limited access…

Brazil to become first Latin American country to issue sovereign panda bonds

Brazil formally kicked off plans to issue its first sovereign panda bonds on Thursday, a landmark move officials said would create new opportunities for bilateral collaboration in financial markets. As Brazil will become the first Latin American country to issue sovereign panda bonds, analysts said the move has attested to the growing interest of international…

Supply chains’ intl integration hailed as key

[Photo/Xinhua] Against mounting cost pressures and evolving geopolitical headwinds, deeper supply chain integration and closer industrial collaboration have become ever more pivotal for global businesses to sustain innovation momentum and bolster trade growth, senior government officials and business leaders said on Monday. Addressing the opening ceremony of the fourth China International Supply Chain Expo in…

Global shortage of maintenance capacity hurting airlines, study warns

A deepening global shortage of maintenance capacity for the world’s most widely used next-generation jet engines is crippling airline operations and risks worsening as aircraft fleets expand, the International Air Transport Association said on Wednesday. A study released by IATA and consulting firm Emerton found that durability problems, shortages of spare parts and limited access…

Global shortage of maintenance capacity hurting airlines, study warns

A deepening global shortage of maintenance capacity for the world’s most widely used next-generation jet engines is crippling airline operations and risks worsening as aircraft fleets expand, the International Air Transport Association said on Wednesday. A study released by IATA and consulting firm Emerton found that durability problems, shortages of spare parts and limited access…

MOC asks Japanese firms to urge Takaichi to rectify her remarks

The Ministry of Commerce appealed on Thursday to the Japanese business community to safeguard its own interests by urging the Japanese government to rectify its erroneous remarks on Taiwan, and to help restore the conditions necessary for the sound development of bilateral economic and trade cooperation. The appeal came just days after the Japan Business…

MOC asks Japanese firms to urge Takaichi to rectify her remarks

The Ministry of Commerce appealed on Thursday to the Japanese business community to safeguard its own interests by urging the Japanese government to rectify its erroneous remarks on Taiwan, and to help restore the conditions necessary for the sound development of bilateral economic and trade cooperation. The appeal came just days after the Japan Business…