City Beijing Financial News
22.11 / 17:11
Citi
Digital
Shanghai Readies New Digital Yuan Giveaway
Shanghai, China’s biggest city and its most powerful financial hub, is set to give away digital yuan tokens to 7000,000 of its residents later this week.
21.11 / 18:35
UPS
China Turns to Back-Channel Diplomacy to Shore Up U.S. Ties
China is turning to an old friend in corporate America to bolster communications with the U.S., as President Xi Jinping tries to stabilize the bilateral relationship while gearing up for greater competition between the two powers.
16.11 / 15:19
MET
Yellen Meets China’s Central Bank Governor as U.S. Seeks to Repair Ties With Beijing
NUSA DUA, Indonesia—Treasury Secretary Janet Yellen held her first meeting with a top Chinese economic official since House Speaker Nancy Pelosi‘s visit to Taiwan, as the Biden administration works to restore communication lines and prevent a spiraling economic conflict with the world’s second-largest economy.
16.11 / 13:09
UPS
Landmark
U.S. Panel Calls for Review of China Trade Relations
WASHINGTON—A congressionally convened commission is calling on the U.S. to review Chinese trade practices and to suspend normal trade ties if the review determines Beijing hasn’t lived up to its promises under a 1999 pact.
15.11 / 19:17
UPS
Landmark
U.S. Panel Calls for Review of China Trade Relations
WASHINGTON—A congressionally convened commission is calling on the U.S. to review Chinese trade practices and to suspend normal trade ties if the review determines Beijing hasn’t lived up to its promises under a 1999 pact.
14.11 / 22:45
President Biden, Xi Jinping Move to Stabilize U.S.-China Relations
President Biden and Chinese leader Xi Jinping sought to halt a rapid downward spiral in relations between Washington and Beijing, instructing officials to resume stalled talks on major global priorities, but the two countries acknowledged areas of deep disagreement that could disrupt those efforts.
09.11 / 14:33
Digital
U.S., Taiwan Kick Off Talks to Deepen Trade, Economic Ties
The U.S. and Taiwan began two days of face-to-face meetings in New York on Tuesday aimed at strengthening trade and economic ties at a time of ramped-up tensions between Washington and Beijing.
07.11 / 12:33
NFT
regulation
Bank of China
regulatory
Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
The Chinese city of Wuhan had reportedly shelved its aspirational nonfungible tokens (NFTs) plans amid growing regulatory uncertainty around the crypto and Web3 technologies in the country.
07.11 / 09:01
02.11 / 22:51
European Union
Scholz heads to Beijing amid pressure to take tougher line on China
German Chancellor Olaf Scholz travels to Beijing this week in what is fast becoming a controversial trip, amid pressure both domestically and from within the EU to take a tougher line against China.
02.11 / 18:57
Man
China’s No. 2 Is a Business Pragmatist and a Party Loyalist. Which Will Prevail?
Xi Jinping’s new right-hand man, Li Qiang, has shown two sides to his personality over his career.
01.11 / 17:09
Digital
Валюта
CNY
Beijing: Digital CNY Will Tread Line Between Ensuring Privacy and Fighting Crime
China’s central bank digital currency, the digital yuan, continues to break new ground. And while it is already in use at over 5.6 million stores in the nation, its architects say they will build privacy-protecting functions into the coin.
27.10 / 07:37
business
BitMEX
Bitcoin
Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process.
26.10 / 16:05
film
Germany agrees to controversial sale of Hamburg port terminal
Germany has struck a compromise over a controversial move to allow a Chinese shipping group to buy a stake in a terminal at Hamburg port.
24.10 / 10:25
FIVE
China’s Economy Grew 3.9% in the Third Quarter
HONG KONG—China’s economy expanded more strongly than expected in the third quarter as the country bounced back modestly from crippling Covid lockdowns in the spring, though challenges remain as leader Xi Jinping consolidates control over the political apparatus for another five years.
23.10 / 12:33
China's Xi Jinping wins third term as leader of ruling Communist Party
President Xi Jinping, China’s most powerful leader in decades, has continued his dominance after being reelected as head of the ruling Communist Party on Sunday.
20.10 / 11:31
UPS
Target
FIVE
week
What China's big party congress this week means for the economy
BEIJING — The twice-a-decade Chinese leadership meeting this week has significant implications for which parts of the economy will receive support or continued pressure, Natixis analysts said Thursday.
17.10 / 11:21
FIVE
Manufacturing
Remark
foreign
China's new growth goals require a change for attracting foreign investors, official says
BEIJING — A Chinese official confirmed Monday a shift in the country's growth goals and indicated things will change for foreign investment.
16.10 / 11:49
FIVE
Manufacturing
Remark
China's Xi downplays need for rapid growth, proclaims Covid achievements
BEIJING — Chinese President Xi Jinping affirmed Sunday the country's recent shift away from rapid growth and greater focus on national self-sufficiency, especially in technology.
16.10 / 08:31
FIVE
foreign
Xi warns against foreign interference in Taiwan, says China will 'never promise to renounce' force
BEIJING — Chinese President Xi Jinping said China reserves the option of «taking all measures necessary» against «interference by outside forces» on the issue of Taiwan.
14.10 / 07:15
FIVE
Reuters
Fighting
China's consumer prices jump by the most in more than two years
BEIJING — China's consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said Friday.
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