City Beijing Financial News

31.05 / 01:13

Citi Booking Tesla NVIDIA Fitch Moodys Micron Warning New warning signs emerge for China's property market

BEIJING — New data show China's massive property sector is still struggling to turn around, despite signs of recovery earlier this year.

30.05 / 12:27

regulation Terra From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Last week, almost all the key markets for digital assets in Asia got updates from local regulators. Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.

29.05 / 09:47

Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou

Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.

29.05 / 05:45

Chinese consumers won't return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says

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28.05 / 17:41

Adoption Web3 Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry

The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.

28.05 / 07:53

Technology Adoption regulation Web3 Beijing releases white paper for Web3 innovation and development

Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry.

24.05 / 02:09

MET Tesla SPY China's new ambassador to the U.S. arrives to 'safeguard' Beijing's interests

China's new ambassador to the U.S. arrived in New York Tuesday with a call to «safeguard the interests of China,» according to a release from the country's embassy in the U.S.

24.05 / 00:21

NFT Metaverse Best crypto to buy today NEO Best Crypto Best Crypto To Buy Now Best Crypto to Buy Now 23 May – Conflux, Copium, Neo, AiDoge.com, Kava, Sponge, Ecoterra

Hong Kong's financial regulator announced it will allow retail investors to trade certain cryptocurrencies starting June 1, perhaps contributing to a small boost to Bitcoin's price in the past 24 hours.

23.05 / 14:51

UPS Provident Google Baidu chatbot Baidu Ai Chatbot Raises Questions With Its Claim of 'improved' Communication

Chinese-based multinational tech firm Baidu recently unveiled its latest AI chatbot, with intriguing claims about its capabilities.

23.05 / 07:19

UPS Provident Digital Citizens Parke Chinese CBDC Set to Makes Securities Market Debut – Breakthrough for the Digital Yuan?

Financial service providers in China will allow citizens to pay for wealth products using the digital yuan, in a fresh development for the nation’s central bank digital currency (CBDC).

22.05 / 17:37

Citi Platform Apple Pfizer Nike Zions PacWest Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more

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17.05 / 08:07

Blockchain UPS Digital 500 New Chinese Blockchain Pivot as Beijing Vows to Train 500,000 ‘Experts’

China is gearing up for another blockchain technology push after promising to train half a million new “experts” to work in the sector.

17.05 / 01:19

Citi Digital businesses Hunan Province, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?

Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.

11.05 / 10:47

Blockchain Adoption DLT National China launches national blockchain center to train half a million specialists

On May 10, the National Blockchain Technology Innovation Center, first announced in February, has officially started its work in the capital city of Beijing. The Center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain implementation in China. The institution will reportedly train more than 500,000 specialists in distributed ledger technology (DLT).

10.05 / 01:05

Booking Platform HSBC Continental UBS Allianz These maps show how far China's freight railways are stretching across Asia

BEIJING — In the last two years, China has announced the opening of new freight train lines, while cross-border railways have become a feature in President Xi Jinping's meetings with regional leaders.

08.05 / 10:23

Binance regulation Ban Huobi FTX Chainalysis New Report: Despite Crypto Ban, Chinese Citizens Trade on Binance and FTX Exchanges

Beijing has said 'no' to crypto, but that doesn't seem to affect a number of Chinese citizens who have continued trading digital coins since the ban - reportedly, on exchanges including Binance, FTX, OKX, and Huobi.

05.05 / 04:35

COST Citi Digital Strategy UBS 500 Costs Consumers in China are dining at nicer restaurants — even if it costs $500 a person

BEIJING — A new restaurant scene is growing more popular across China: fine dining.

03.05 / 18:15

recovery China Celebrates Economic Recovery, Pledges More Help on Jobs

SINGAPORE—The top policy-making body of China’s Communist Party pledged to nurture the country’s economic recovery after better-than-expected growth in the first quarter of the year, signaling optimism over the outlook for the economy while acknowledging problems such as local-government debt and youth joblessness.

02.05 / 11:11

recovery China Celebrates Economic Recovery, Pledges More Help on Jobs

01.05 / 22:23

recovery China Celebrates Economic Recovery, Pledges More Help on Jobs

01.05 / 10:09

recovery China Celebrates Economic Recovery, Pledges More Help on Jobs