City Beijing Financial News

24.07 / 05:01

UPS Man Progressive show Eleven dead after gym roof collapse in China

China, state media reported Monday. The gym at the No. 34 Middle School in Qiqihar, Heilongjiang Province collapsed just before 3 pm (0700 GMT) on Sunday, state news agency Xinhua said. «A total of 11 people died in the accident,» state broadcaster CCTV said, adding that an investigation of the accident was in progress. Nineteen people were at the gym when the accident took place, local newspaper Heilongjiang Daily said. Four escaped and four others survived after being pulled from the rubble. Footage aired by CCTV showed the entire roof collapsed onto the gym and rescue workers picking through the debris.

24.07 / 04:41

UPS MET Inside foreign Missing for a month: Where is Qin Gang, China's foreign minister?

China's Foreign Minister Qin Gang has not been seen in public for almost a month, sparking a flurry of questions over his whereabouts. Here's what we know so far about the disappearance of one of China's most senior diplomats: — Who is Qin Gang? — Qin, considered a confidante of President Xi Jinping, was appointed foreign minister in December 2022. The 57-year-old spent several years at the Chinese embassy in London and is a fluent English speaker.

24.07 / 04:23

UPS CEO Mobile Highways TikTok country Focus on China dominated Biden-Modi meeting in Oval office, reveals official

Narendra Modi and President Joe Biden during their meeting at the Oval Office last month spent a “plurality" of their time having discussions on China and its leader Xi Jinping, according to a senior administration official familiar with the discussion. As reported by PTI citing a senior administration official on conditions of anonymity, “In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China...

24.07 / 02:55

COST UPS Reuters Action Gold edges up ahead of central bank rate decisions

Gold prices edged up in early Asian trading on Monday, as investors awaited a key U.S. Federal Reserve meeting that could see the central bank pausing interest rate hikes after July.FUNDAMENTALS * Spot gold rose 0.051to $1,961.27 per ounce by 0049 GMT. Bullion gained nearly 0.3% last week.

24.07 / 02:25

Action country China warns Japan on NATO, hopes it refrains from undermining trust in region

BEIJING (Reuters) — The Chinese embassy in Japan said on Monday that NATO's plan to expand into the Asia-Pacific violates U.N. rules and hoped Japan, in its interaction with NATO, would refrain from actions that undermine trust among countries in the region.

24.07 / 02:09

UPS Citi Target Booking JPMorgan UBS country Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times

BEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.

24.07 / 01:19

Reuters Man NASDAQ Action MSCI Nikkei Asia shares on tenterhooks for Fed, ECB and BOJ

By Wayne Cole

24.07 / 01:19

Target Action Fighting RIG rate hikes Oil rally takes a breather ahead of Fed, ECB rate hikes

By Florence Tan

23.07 / 18:19

FIVE Racing Fighting Pool Dreams performer Swimming-French torpedo Marchand smashes Phelps' 15-year record at worlds

FUKUOKA, Japan (Reuters) -French youngster Leon Marchand produced a dazzling performance to shatter American great Michael Phelps' long-standing 400 metres individual medley record on the opening day of swimming events at the World Aquatics Championships on Sunday.

23.07 / 17:11

FIVE Booking Man Career Remark performer Who is Leon Marchand? French swimmer who shatters most decorated Olympics athlete Michael Phelps' individual world record

Michael Phelps achieved the extraordinary feat by securing 28 medals across five Olympics, solidifying his position as the most decorated athlete in the history of the Summer Games. Michael Phelps boasts an astounding 23 gold medals — the highest number of Olympic golds ever won, in addition to three silver and two bronze medals.

23.07 / 15:01

FIVE country end Russia and China end military exercises in Sea of Japan

Russia and China have ended their joint naval exercises in the Sea of Japan, the Russian defence ministry announced Sunday, as the two allies seek to deepen their military ties. The two massive countries, which share a common desire to counter what they see as American hegemony, have grown closer in the military sphere since Russia launched its Ukraine offensive last year, a move China has not condemned. The Russian defence ministry previously said the main goal of the latest exercises, which began on Thursday, was to «strengthen naval cooperation» between the two countries and «maintain stability and peace in the Asia-Pacific region».

23.07 / 12:23

Digital CEO Platform Strategy Mercedes-Benz Centre China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says

FRANKFURT (Reuters) — Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.

23.07 / 12:23

UPS Buyback Ant NOT China's Alibaba says it will not join Ant Group share buyback

BEIJING (Reuters) — China's Alibaba (NYSE:BABA) Group said on Sunday it had decided not to participate in affiliate Ant Group's proposed repurchase of shares, but would maintain its shareholding in the company.

23.07 / 11:37

UPS IPO country Chinese chipmaker Hua Hong seeks up to $2.95 billion in mainland listing

Hua Hong Semiconductor said on Sunday it aims to raise up to 21.2 billion yuan ($2.95 billion)in a listing on the Shanghai stock exchange. The country's second-largest chip foundry will sell 407.75 million shares priced at 52 yuan per share, it said in a statement to the exchange.

23.07 / 08:53

BLOCK VISA Aware Action country Russian tennis player Vera Zvonareva blocked from entering Poland

Russian tennis player Vera Zvonareva was blocked from entering Poland for reasons of state security and public safety, the Polish interior ministry said on Saturday. The 38-year-old, a bronze medallist at the 2008 Olympics in Beijing, was on the list of players of the BNP Paribas Warsaw Open tournament starting on Monday.

23.07 / 04:53

COST Citi Target Highways show global economy recovery Charting the global economy: China’s recovery loses momentum

Gross domestic product grew at a slower-than-expected pace of 6.3% from a year earlier, when dozens of Chinese cities were in lockdown. Compared with the first quarter, GDP rose less than 1%.

23.07 / 01:19

MET Citizens Parke BAY country Courts China courts Myanmar as junta chief plans September visit to Beijing

China is courting Myanmar, a neighbour critical to India’s Act East Policy with the junta Chief Gen Min Aung Hlaing expected to visit Beijing in September, a visit that will be closely watched in New Delhi. This will be the General’s first trip to Beijing since the February 2021 coup that brought him to power. While China has been pushing various infrastructure projects in Myanmar for access to the Bay of Bengal region, it has so far been hesitant to host the General.

22.07 / 18:33

Target CEO Action Qualcomm NVIDIA Intel Chip CEOs urge US to study impact of China curbs

During meetings in Washington, Intel Corp’s Pat Gelsinger, Nvidia Corp’s Jensen Huang and Qualcomm Inc’s Cristiano Amon warned that export controls risk harming US leadership of the industry. The Biden officials listened to the presentations but didn’t make any commitments, said the people, who asked not to be identified because the talks were private. The chip industry is trying to navigate increasing tensions between China and the US.

22.07 / 14:13

Target Strategy Mobile BAY SPY performer US and Australia use war games to focus on long-range firepower

Australia and the United States rehearsed precision missile strikes during war games on Saturday as Canberra overhauls its military strategy in favour of long-range firepower. A series of live-fire drills were held at the Shoalwater Bay military complex in the northeastern region of Queensland, showcasing the American-made HIMARS missile system recently sold to the Australian Defence Force. More than 30,000 troops will take part in the biennial Talisman Sabre exercises over the next two weeks, including soldiers from Japan, France, Germany, and South Korea.

22.07 / 10:39

UPS country external debt Pakistan has to repay $2.44 billion of external debt in July 2023

Also Read: Pakistan govt approves massive hike in power tariff on IMF demand: Report Moreover, another $1 billion safe deposit from China is also due. This means that Pakistan and China are currently working on the rollover of around USD 3 billion bilateral debt within the ongoing month. Also Read: Pakistan’s forex reserves double to $8.73 billion, reach nine-month high Not just China, the Islamic nation has to pay back Saudi Arabia's debt as well.

21.07 / 20:13

COST Provident FIVE Manufacturing country electronic Untangling the U.S. From China’s Economy Is Messy

The Biden administration’s attempt to surgically cut economic ties with China is proving difficult to execute. Treasury Secretary Janet Yellen visited Vietnam this week to discuss her push for “friendshoring," a term she uses to call for companies to shift supply chains from China to friendlier nations. Trade between the U.S.

breaking news about city Beijing

What is the current situation in city Beijing?

In city Beijing, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about city Beijing?

We publish reliable reports about the situation in city Beijing, based on information from regional journalists.

What shapes the media agenda in city Beijing?

The news landscape of city Beijing is shaped by the region’s internal dynamics, reflecting its local way of life.