China 

Beijing plays down Commerce Minister Zhong Shan’s inclusion in latest US-China trade war talks

The participation of China’s Commerce Minister in the latest trade discussion with the United States was “normal”, China’s Ministry of Commerce said on Thursday, playing down the eye-catching change in Beijing’s negotiating team.Zhong, 64, joined Vice-Premier Liu He’s phone conversation with US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin on Tuesday – the first phone call between top negotiators since President Xi Jinping and US counterpart Donald Trump agreed… Source link

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Ex-chemistry teacher Zhong Huijuan poised to become China’s third-richest woman after founding US$10.4 billion Hansoh Pharmaceutical Group

Zhong Huijuan quit her job teaching chemistry to teenagers and got into the drug business.The career switch has paid off handsomely.Her Hansoh Pharmaceutical Group, China’s largest maker of psychotropic drugs, is poised to go public on Friday in Hong Kong with a market value of US$10.4 billion. Zhong holds a 68 per cent stake, giving her a US$7.9 billion fortune, according to the Bloomberg Billionaires Index.Zhong, 58, is not even the richest person in the family. Her husband Sun Piaoyang, 60,… Source link

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