Europe's dominance in the pharmaceutical industry is being challenged by factors such as Trump policies and China's growing biotech sector. For years, European companies have faced obstacles including fragmented capital markets and inconsistent reimbursement policies. The region's single-market approach to pricing and clinical trials has also hindered growth.
Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
NASA is working to accelerate its plans in order to outpace China's own lunar ambitions. NASA has declared that the US is "absolutely back" in the space race, with a focus on beating China to the moon. The effort is part of the Artemis program, which aims to establish a lunar base.
China, the U.S., Russia and others have ramped up their contest over artificial-intelligence-backed weapons and military systems. The buildup has been compared to the dawn of the nuclear weapons age.
China's economy is off to a solid start in 2023 following its emergence from three years of strict pandemic restrictions.
The UK government believes the rise of China's car industry could be good for UK consumers and industry.
Exclusive: In a wide-ranging interview, the head of the Norwegian Refugee Council also warns that potential plans by Nato nations to boost military spending to five per cent of GDP are a ‘major strategic mistake’
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