https://t.co/PmgC7J08eR and https://t.co/qKqjtNzeOj are the best.
The Economist, and FT are the worst.
Basically, if you want to read news about China, read Chinese news.
Chinese citizens rate their media as trustworthy, whereas US citizens rate our media as untrustworthy.
Why then, should people in the West trust US legacy news on China, when Chinese news exists? Short answer: they shouldn't.
This report is a good example of how absurd some #European media coverage of #China has become. The article portrays China as the threat behind the loss of German patents, but the study it cites shows the biggest foreign holders are the US (31.7%), Switzerland (11.1%), and France (7.5%). China ranks only sixth, behind the US, Switzerland, France, Japan, and the UK.
When the data doesn’t fit the narrative, the narrative still wins.
The New York Times is upset because China learned the rules.
When the U.S. and Europe block, seize, unwind, force-sale, sanction, and weaponize “national security” against Chinese investment, it is called protecting the free market.
When China builds legal tools to protect its own capital, technology, data, and companies, suddenly it becomes an “economic fortress.”
Please.
The West taught China this game.
Nexperia.
TikTok.
Panama ports.
Darwin Port.
British Steel.
Semiconductors.
Rare earths.
Chinese money was welcome when it rescued dying assets.
Chinese ownership became dangerous the moment those assets became valuable.
So China built a shield.
Not paranoia.
Pattern recognition.
The era of Chinese capital walking naked into Western legal traps is over.
The hairstyles and the Hanfus of Anak Tomb No.3 are the same as Wei,Jin,Southern and Northern Dynasties'.Historical records prove that it is a Chinese tomb.Dongshou is a general from Former Yan,not your ancestor!
#漢服#Hanfu#동북공정
If you want to understand the history of Taiwan and its relationship with China I’d recommend watching this interview with @notXiangyu
Great history lesson!
Koreans, please stop stealing Chinese culture. Once again, you’re appropriating traditional Chinese clothing and falsely claiming it as Korean attire. This behavior is shameful and pathetic. Are you so insecure about Korea’s real history?
China Keeps Cancer Drug Rights at Home in Massive $10.5 Billion Pfizer Deal – Explained 🇨🇳
A Chinese biotech powerhouse, Innovent Biologics, has been cooking up next-gen cancer treatments — think antibody-drug conjugates (ADCs), basically smart bombs that deliver chemo straight to tumor cells with way fewer side effects, plus other advanced multispecific antibodies.
They just dropped a monster $10.5 billion global partnership with Pfizer.
How the money flows:
• $650 million upfront cash to Innovent.
• Up to $9.85 billion more in milestone payments if the drugs hit development, approval, and sales targets.
• Plus ongoing royalties on everything Pfizer sells outside China.
Who gets what rights?
• Pfizer gets exclusive rights to develop, manufacture, and sell most of these drugs in the US, Europe, and rest of the world.
• On some programs they’ll co-develop and share profits in the US/EU.
• But here’s the China part: Innovent keeps full rights in Greater China (mainland China, Hong Kong, Macau, and Taiwan). They can develop, produce, price, and sell these exact same drugs in their home market completely on their own, no Pfizer approval needed.
This deal covers multiple early-stage oncology assets, mainly differentiated ADCs and next-gen antibody therapies. Innovent handles early development, Pfizer takes the global later stages and commercialization outside China.
Why this matters (classic China biotech playbook):
Chinese companies create innovative drugs in a fast, lower-cost environment. They license the global rights (ex-China) to Big Pharma giants like Pfizer for massive cash and worldwide reach. At the same time, they never surrender control at home.
Result?
• China exports the innovation and banks billions.
• Chinese patients can get faster, potentially much more affordable access.
• Expected reality: Pfizer is likely to jack up prices significantly when these drugs are commercialized in the West (standard Big Pharma pricing in high-margin markets with less government control), while Innovent will keep them much cheaper in China thanks to domestic pricing pressures and volume strategy.
• Domestic firms keep building R&D, manufacturing, and commercial muscle.
• China strengthens its grip on the world’s second-largest pharma market.
Win-win, Chinese style: Out-license globally, dominate locally. Pfizer gets fresh oncology firepower for its international pipeline (at premium Western prices). Innovent gets validation and capital to keep scaling while protecting affordable access back home.
This is exactly how China’s biotech sector is playing the long game — smart IP strategy, home-market protection, and global cash flow all at once.