China News
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Winteam Pharmaceutical Group Ltd., a maker of drugs in China, will buy a producer of traditional Chinese medicine for as much as HK$3.05 billion ($393 million) to gain products including an osteoporosis treatment.
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Trading in gold using the Chinese currency has tripled in Hong Kong this year as the yuan’s rally to a 19-year high helps limit risks for jewelers.
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British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”
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Taiwan lowered the economic growth forecast for this year even as it reported a faster expansion in the first quarter than initially estimated.


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