City Beijing Financial News

22.08 / 11:07

Chinese Banks Cut Rates to Spur Economic Growth

SINGAPORE—Banks in China cut benchmark interest rates on loans to households and businesses, a small attempt to help revive growth in an economy struggling with a property bust and Beijing’s zero-tolerance to Covid-19.

18.08 / 04:39

COST Lowe's Chinese property developers' cash flows have plunged by more than 20%

BEIJING — Chinese property developers' cash flows — a sign of the companies' ability to stay afloat — shrank this year after steady growth over the last decade, according to Oxford Economics.

17.08 / 11:17

UPS Target JPMorgan A high-profile meeting in China may have tipped off which provinces will have highest growth

BEIJING — Chinese Premier Li Keqiang has called on six provinces to take the lead in supporting the country's growth after data for July showed a slowdown across the board.

15.08 / 13:49

What a Chinese Blockade of Taiwan Would Mean for Global Business

Beijing considers Taiwan, a democratically ruled island near mainland China, as part of its territory. When U.S. House Speaker Nancy Pelosi visited Taiwan this month to support its government, Beijing condemned the trip and conducted military drills with warplanes, ships and missiles to demonstrate its ability to blockade the island.

14.08 / 09:03

cryptocurrency stake China's Huobi Founder Looks To Sell Stake For Over $1 Billion: Report

The founder of China's Huobi Group, which runs one of the world's largest cryptocurrency exchanges, is in talks with investors to sell his almost 60% stake in the exchange for over $1 billion, Bloomberg News reported on Friday.

12.08 / 11:29

UPS Huawei Huawei's second quarter revenue rises slightly from a year ago

BEIJING — Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.

12.08 / 10:43

UPS Citi Target Booking This Chinese province set a 9% GDP target — but then it locked down

BEIJING — China's tourist-heavy province of Hainan is falling further behind lofty growth goals it set in January.

12.08 / 03:35

Provident Ripple Fitch Here's where China's real estate troubles could spill over

BEIJING — China's real estate troubles could spill into other major sectors if the problems persist — and three particular businesses are most vulnerable, according to ratings agency Fitch.

11.08 / 08:03

cryptocurrency Ban Media Chinese Web Censor Resolves to Keep Cracking Down on Crypto After Closing 12K Social Media Accounts

10.08 / 09:49

UPS Citi Reuters China consumer prices hit a two-year high

BEIJING — China's consumer price index hit a two-year high in July as pork prices rebounded, according to official data released Wednesday.

09.08 / 08:17

IPO Alibaba gets Hong Kong's approval for a primary stock listing

BEIJING — Chinese e-commerce giant Alibaba is making Hong Kong a «primary» listing for its shares, paving the way for mainland China investors to trade the stock directly.

08.08 / 05:41

COST Citi Baidu Baidu's robotaxis don't need any human staff in these parts of China

BEIJING — Chinese tech company Baidu said Monday it has become the first robotaxi operator in China to obtain permits for selling rides with no human driver or staff member inside the vehicles.

06.08 / 12:09

Climate change Taiwan says China military drills appear to simulate attack on island

Taiwan said Saturday that China’s military drills appear to simulate an attack on the self-ruled island, after multiple Chinese warships and aircraft crossed the median line of the Taiwan Strait following U.S. House Speaker Nancy Pelosi’s visit to Taipei that infuriated Beijing.

05.08 / 06:35

FIVE Manufacturing Apple Taiwan's trade with China is far bigger than its trade with the U.S.

BEIJING — Data show that Taiwan depends more on China for trade than it does on the U.S., even if U.S. House Speaker Nancy Pelosi threw her weight behind Taiwan this week in a high-profile visit.

04.08 / 08:47

LGBT Climate change Death China begins 'unprecedented' military drills around Taiwan

China has begun large-scale military sea and air exercises around Taiwan, following a controversial visit by US politician Nancy Pelosi.

02.08 / 19:57

Climate change European Union celebrities Heatwave us house US House Speaker Nancy Pelosi arrives in Taiwan in defiance of Beijing

U.S. House Speaker Nancy Pelosi arrived in Taiwan on Tuesday night despite threats from Beijing of serious consequences, becoming the highest-ranking American official in 25 years to visit the self-ruled island claimed by China.

02.08 / 18:23

markets Predictions Bitcoin Bitcoin Price Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists

Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.

01.08 / 16:55

Manufacturing recovery China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery

China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on a country that remains a drag on the struggling global economy.

01.08 / 05:57

IPO Manufacturing Chinese companies flock to Switzerland to raise money with new stock listings

BEIJING — Chinese companies looking to raise cash overseas have turned to Switzerland — and gotten speedy regulatory approval to do so.

29.07 / 12:03

Women Xi, Biden exchange warnings as Pelosi's plans to visit Taiwan spark tensions

Chinese President Xi Jinping and his US counterpart Joe Biden held a long phone call in which the Beijing leader warned the US against meddling in China's dealings with Taiwan and splitting the world's two biggest economies, officials said.

29.07 / 11:50

Cooper Biden-Xi make plans to meet in person, U.S. official says — and China's leader has strong words on Taiwan

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping ended a call Thursday with plans to arrange a face-to-face meeting for the first time since Biden took office, a senior U.S. official said during a briefing.

latest developments in city Beijing

What is the current situation in city Beijing?

In city Beijing, the spotlight is on major events that spark public discussion.

Where can I find reliable news about city Beijing?

We publish in-depth coverage about the situation in city Beijing, based on information from official representatives.

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.