City Beijing Financial News
29.08 / 16:39
29.08 / 15:09
MET
inclusion
India strongly protests China's inclusion of Arunachal Pradesh in new map: MEA
Arunachal Pradesh which China claims as South Tibet and Aksai Chin occupied by it in the 1962 war as part of its territory. Taiwan and the disputed South China Sea are also included within the Chinese territory in the new map. Later in the day the External affairs ministry of India said that it strongly opposed the move by China.
29.08 / 14:05
COST
UPS
Citi
Waves
Reuters
country
Chinese banks to cut existing mortgage rates as property crisis deepens
BEIJING (Reuters) -Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter said on Tuesday, as Beijing ramps up efforts to revive the debt crisis-hit property sector and bolster a sputtering economy.
29.08 / 13:15
COST
UPS
Lowe's
Target
Manufacturing
Stealth
performer
valkyrie
US military set to deploy XQ-58A Valkyrie AI drones to counter China's strength
Russia-Ukraine conflict has thrust the significance of drones into the global spotlight. Notably, the Ukrainian military has effectively harnessed low-cost drones to confront the formidable Russian military.
29.08 / 12:33
29.08 / 11:43
Lowe's
Target
Action
show
Economists now think China will miss growth expectations
China’s economic outlook is showing no signs of improvement, with forecasters broadly trimming their expectations for growth, prices and trade and predicting more monetary policy easing.
29.08 / 10:33
MET
Cooper
Manufacturing
Strategy
Huawei
Cooperation
Top Chinese official tells the US commerce secretary he's ready to improve cooperation
The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension
29.08 / 10:09
29.08 / 07:57
29.08 / 07:57
29.08 / 07:57
UPS
BLOCK
Waters
Action
SoftBank
country
WTO
Japan says may take China to WTO over Fukushima-driven seafood import ban
TOKYO (Reuters) -Japan threatened on Tuesday to take China to the World Trade Organization to seek a reversal of Beijing's ban on all of its seafood imports after the release of treated radioactive water from the stricken Fukushima Daiichi nuclear power plant.
29.08 / 06:01
UPS
Rupee flat as corporate dollar purchases counter weaker dollar
Indian rupee was little changed on Tuesday after surrendering its opening gains due to the dollar demand from corporates, traders said. The rupee was at 82.6325 to the U.S. dollar by 10:46 a.m.
29.08 / 05:13
UPS
CEO
Platform
Oracle
ByteDance
TikTok
TikTok's US future still in limbo as commerce secretary visits China
Gina Raimondo's visit to China is putting a spotlight on the future of TikTok in the United States, where criticism of the app and its ties to Beijing reached a fever pitch this year. Despite the intense pressure on the popular short-form video app, which is owned by Chinese technology company ByteDance, efforts to ban or regulate it in Washington have not borne fruit. And even with all that scrutiny, Raimondo is not planning to discuss TikTok while in China, a glaring omission that reflects the impasse at which it has left the Biden administration. The administration has been stymied by how to deal with TikTok even as intelligence officials have warned that it poses a national security threat.
29.08 / 04:53
UPS
Reuters
Mobile
Tesla
show
China's BYD H1 profit triples as deliveries break record
BEIJING (Reuters) — China's BYD Co (SZ:002594) Ltd on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.
29.08 / 04:17
COST
Provident
Strategy
country
foreign
tax breaks
China extends tax breaks for foreign workers until 2027
BEIJING (Reuters) — China will extend preferential tax policies for foreign nationals working in the country through to the end of 2027, the finance ministry said on Tuesday, in a boon to foreign firms struggling to attract talent post-COVID.
29.08 / 04:17
UPS
Lowe's
COMPOSITE
country
Asian stocks
Asian stocks rise as China shares push higher on stimulus hopes
Investing.com-- Most Asian stocks rose slightly on Tuesday as markets awaited a barrage of key economic readings this week, while a rally in Chinese shares extended into a second session amid speculation over more stimulus measures.
28.08 / 23:47
28.08 / 22:55
28.08 / 22:17
UPS
MET
Progressive
Huawei
US, China agree to discuss export controls as commerce secretary visits to warm up chilly ties
Commerce Secretary Gina Raimondo says she and her Chinese counterpart agreed to exchange information on U.S. export controls that irk Beijing and set up a group to discuss other commercial issues
28.08 / 22:17
testing
foreign
The Foreign Ministry says China will drop its COVID-19 testing requirement for entry starting Wednesday
The Foreign Ministry says China will drop its COVID-19 testing requirement for entry starting Wednesday
28.08 / 22:17
Citi
Waves
Citizens
country
Inside
travelers
China won't require COVID-19 tests for incoming travelers in a milestone in its reopening
China will no longer require a negative COVID-19 test result for incoming travelers, a milestone in its reopening to the rest of the world after an isolation that began with the country's borders closing in 2020
breaking news about city Beijing
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