(Bloomberg) -- President Xi Jinping’s warm welcome for the Italian prime minister offers a pointed reminder to European leaders of the economic benefits of...
-- President Xi Jinping ’s warm welcome for the Italian prime minister offers a pointed reminder to European leaders of the economic benefits of engaging with China — and also of the potential risks.Italian diplomats hailed Giorgia Meloni’s five-day trip as a success after she secured a sit-down with Xi and a clutch of cooperation deals, as well as glowing reviews in Chinese state media.
“There’s also some calculation that Macron might be in a weaker position, whereas Meloni is representative of the resurgent right,” Chong said. One Italian diplomat argued that despite Xi’s support for Russia, bringing China into negotiations on Ukraine is valuable because it’s one of the few countries that can influence Russian President Vladimir Putin.
China represents the biggest market for German car producers — the flagship industry in the EU’s biggest economy — and as such is indispensable to company profits. Yet the rapid advances of Chinese EVs threaten the future of firms such as Volkswagen AG and Mercedes-Benz Group AG, which are struggling to navigate the transition from combustion engines.
Sirnaomics Ltd. , a leading biopharmaceutical company engaging in discovery and development of advanced RNAi therapeutics, today announced a partnership with Gore Range Capital LLC for establishment of a joint venture, Sagesse Bio, Inc., to advance its novel RNAi therapeutic products into aesthetic medicine.
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