City Beijing Financial News
14.10 / 03:55
UPS
Enterprise
MSCI
China is no longer just any emerging market — it has become its own beast
BEIJING — China is no longer just another emerging market play. Now, the country is becoming its own beast — with all the risks and rewards that come with being a world power.
12.10 / 14:25
Digital
SPY
British spy boss says Beijing’s moves to control tech, digital currency and markets threatens global security
Beijing's efforts to exert control over technology both internationally and within China's borders threaten future global security and freedom, the chief of the UK's electronic intelligence agency said.
11.10 / 11:02
UPS
Citi
Platform
China rushes to control new Covid cases across the country
BEIJING — New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.
10.10 / 13:01
Blockchain
Ethereum
ETH
Manufacturing
fall
Computer Graphics Card Prices Fall by Nearly 60% Following Ethereum Merge
The Ethereum Merge blockchain upgrade which transformed the blockchain into a Proof-of-Stake consensus system has triggered a steep, nearly 60% drop in the prices of graphics processing units (GPUs), with Chinese sellers reporting the gear’s prices have reached their “lowest level ever”.
10.10 / 12:17
Reuters
Manufacturing
Action
NVIDIA
end
Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech
BEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing's ability to produce advanced military systems.
10.10 / 10:27
Citi
Waves
Deal
China’s Covid Lockdowns Deal Another Blow to Consumer Spending
HONG KONG—A renewed wave of pandemic-related lockdowns in major Chinese cities is hampering hopes for a recovery in consumer spending, showing how difficult it is for Beijing to rekindle growth without loosening Covid restrictions.
10.10 / 07:57
UPS
Assurant
Tesla
SpaceX
Musk says Beijing doesn't want him to sell Starlink in China
BEIJING —Elon Musk told the Financial Times the Chinese government doesn't want him to sell his Starlink satellite internet service in China.
10.10 / 05:49
FIVE
JPMorgan
China's top leaders are set for a reshuffle. Here are the names to watch
BEIJING — China is poised to reshuffle the top officials surrounding President Xi Jinping at a highly anticipated congress meeting this month.
04.10 / 05:45
UPS
Siemens
Waters
China's climate push could spawn new global players, even if Beijing falls short on its pledge
BEIJING — China says it wants to be carbon neutral by 2060 — and those stated ambitions are spawning companies that could one day become global leaders in their fields.
30.09 / 11:29
service sector
Warning
China’s Service Sector Slows in Latest Economic Warning Sign
HONG KONG—Chinese economic activity remained feeble in September, with the services sector slipping into contraction, offering fresh evidence of the damage that Beijing’s Covid-prevention measures and a deepening real estate slide are inflicting on the country’s economy.
29.09 / 11:03
Citi
Digital
Yuan
settlement
Cross-border
China Trials Cross-Border Settlement Involving Cenbank Digital Currencies
China has been testing its digital currency in major cities.
29.09 / 04:21
Citi
Валюта
CNY
Speculation
NOT
'Do not bet': China's central bank warns against yuan speculation
BEIJING — The People's Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week.
28.09 / 08:31
Software
ByteDance
NetEase
A game about sheep is going viral in China even as gaming regulation remains tight
BEIJING — A new game that's gone viral in China hit people's screens with surprising speed at a time when gaming giants such as NetEase have waited months for approval to launch games.
26.09 / 22:01
China Reins In Its Belt and Road Program, $1 Trillion Later
China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its Belt and Road infrastructure program. Now, Beijing is working on an overhaul of the troubled initiative, according to people involved in policy-making.
26.09 / 20:39
26.09 / 07:37
CEO
Apple
NetEase
Singapore's Temasek leads a $40 million funding round in a Chinese startup
BEIJING — Singapore state investment firm Temasek is leading a $40 million funding round in a Chinese startup despite a dry spell of deals in the country.
23.09 / 13:25
Blockchain
Adoption
Digital Currency
China accounts for 84% of all blockchain patent applications, but there's a catch
China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official.
22.09 / 12:07
21.09 / 15:29
UPS
FIVE
NVIDIA
Xpeng says its next SUV could become the company's new best-selling car
BEIJING — Chinese electric car start-up Xpeng's newest model will likely sell better than its most popular car to date, according to Brian Gu, the company's president and honorary vice chairman.
21.09 / 05:57
Citi
Target
businesses
European businesses are rethinking their plans for a 'closed' China
BEIJING — European businesses in China are revaluating their market plans after this year's Covid controls further isolated the country from the rest of the world, said Joerg Wuttke, president of the European Union Chamber of Commerce in China.
20.09 / 20:25
business
CBDC
Yuan
Winter Olympics
China will expand CBDC trials to most populous province: Report
The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces, including Guangdong.
what's happening in city Beijing
What is the current situation in city Beijing?
In city Beijing, the spotlight is on major events that affect the region’s daily life.
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 key decisions by local authorities, reflecting its specific characteristics.
