City Beijing Financial News

06.01 / 00:51

markets Analysis economy Sustainability Research Trade Experts China's central bank vows 'moderately loose' policy

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt.

06.01 / 00:07

UPS Research iRobot show country reports Features Chinese robot vacuum cleaner company reveals model with an AI-powered arm

BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes with a folding arm for removing socks and other obstacles — a feature powered by artificial intelligence.

05.01 / 07:25

Target security Software President reports Traffic Investigations How Chinese hackers graduated from clumsy corporate thieves to military weapons

Subscribe to enjoy similar stories. The message from President Biden’s national security adviser was startling. Chinese hackers had gained the ability to shut down dozens of U.S.

04.01 / 01:51

markets Digital security Strategy Experts PAM Chinese dams to be discussed in India visit of US national security adviser Jake Sullivan

Jake Sullivan's visit to New Delhi from Jan. 5-6 is expected to include discussions with Indian counterparts about the impact of Chinese dams, a senior U.S. official said late on Friday.

03.01 / 16:07

markets Align Trade War reports China's central bank switches to one main interest rate in major overhaul decision - reports

According to comments sent by the Chinese central bank to the Financial Times, the PBOC said it would prioritise «the role of interest rate adjustments» and leave behind «quantitative objectives» for loan growth in what would count as a significant change in Chinese monetary policy. The PBOC added that it would likely cut interest rates from the current 1.5% level «at an appropriate time» this year, aligning Beijing's monetary policy decisions with those of the US Federal Reserve and the European Central Bank. Trade wars emerge as biggest risk facing investment markets in 2025 Curr...

03.01 / 09:21

Target BLOCK Action security Trade country China adds to sanctions of US defense contractors over Taiwan arms sales

Subscribe to enjoy similar stories. China started the year with a broadside against U.S. defense contractors, responding to recently ramped-up Taiwan arms sales by the Biden administration and laying down a fresh warning to President-elect Donald Trump of tools Beijing can use to protect national interests.

02.01 / 14:25

markets Platform ByteDance TikTok prevention Courts Videos A TikTok ban looms. Creators say they’ll believe it when they see it.

Subscribe to enjoy similar stories. Sarah Perl is adamant that TikTok isn’t getting banned—so much so that the full-time content creator isn’t making any backup plans. “It’s nothing other than business as usual for me," said the 23-year-old from Los Angeles, who has spent four years making lifestyle content for her followers on the platform, which now number 2.5 million.

02.01 / 04:43

markets CEO Apple economy Trade President country US companies vouched for China during Trump’s first term. Not anymore.

Subscribe to enjoy similar stories. SINGAPORE—During Donald Trump’s first term, U.S. companies argued that a trade war with China was bad for Americans.

02.01 / 01:47

Trade President peace Mint Quick Edit | Beijing shouldn’t push the world into a Taiwan crisis

Subscribe to enjoy similar stories. China’s President Xi Jinping had a message for Taiwan in his New Year’s speech. “We Chinese on both sides of the Taiwan Strait belong to one and the same family," he said.

01.01 / 15:57

markets Target Extreme Strategy PAM country Sheikh Hasina's extradition is one of several bilateral issues with India: Foreign Affairs Adviser Touhid Hossain

Bangladesh would pursue while strong bilateral ties with Washington, Delhi and Beijing are priorities of the interim government, Foreign Affairs Adviser Touhid Hossain said on Wednesday. Hasina, 77, has been living in India since August 5 when she fled the country following a massive student-led protest that toppled her 16-year regime.

01.01 / 04:31

markets BLOCK Manufacturing economy BURST Trade strain China’s economy is burdened by years of excess. Here’s how bad it really is.

Subscribe to enjoy similar stories. China’s go-go days are behind it as the world’s second-largest economy struggles with the bursting of the biggest real-estate bubble ever. Now, China’s goal of overtaking the U.S.

01.01 / 02:25

markets BLOCK Citizens economy President country travelers Taiwan president wants exchanges with China, sees lack of goodwill

Taiwan President Lai Ching-te said on Wednesday that he welcomed equal, dignified, healthy and orderly exchanges with China, but wondered whether there was goodwill from Beijing given what he said was their blocking of simple things like tourism.

31.12 / 12:17

markets UPS Strategy Research President Inside 2020 Beijing pushes to use China-made chips in its EVs

Subscribe to enjoy similar stories. SINGAPORE—China isn’t satisfied with becoming the world’s dominant maker of electric vehicles. It wants the chips inside to be Chinese-made too.

28.12 / 16:57

markets Digital Strategy PAM social reports 2025 is set to be 'important' Nuclear year, Iran's veiled message to Donald Trump

28.12 / 13:47

Target security wellness reports Updates A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says

A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of A...

28.12 / 09:17

UPS Manufacturing Trade President country US’s channels with China have gone dark with Trump’s return

Subscribe to enjoy similar stories. For the past year and a half, senior Treasury officials have met with their Chinese counterparts almost once every other month. Whether an incoming Trump team will keep such channels of dialogue going is now up in the air.

27.12 / 03:47

markets UPS Analysis economy Trade Experts reports Oil prices set for weekly gain on China stimulus optimism

Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer. Brent crude futures fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate crude was at $69.60, down 2 cents, from Thursday's close. However, on a weekly basis, Brent was up 0.4% while WTI rose 0.2%.

25.12 / 23:29

markets Strategy Software economy show country Pre-empting stiff tariffs from Donald Trump, China plans massive $411 billion fiscal stimulus next year; here are all details

Chinese economy may not see eye-to-eye after January 20, as the President-elect could be implementing heavy tariffs on China products if hey are to make entry into US markets. This would mean that the magnanimous profits that China used to gain through its exports to the US may take a huge hit, and that could reflect on its already faltering economy.

24.12 / 06:19

UPS Citi Research Universities show 2020 Schools The ‘invisible wall’ amplifying China’s population doom loop

Subscribe to enjoy similar stories. Even as China’s leaders have looked for ways to lift sagging birthrates, Beijing thought there was one group who would always want to have many children: rural couples. They were wrong.

23.12 / 07:21

UPS Manufacturing economy Research Trade country Xi digs in with top-down economic plan even as China drowns in debt

Subscribe to enjoy similar stories. Some are calling it a “Lost Decade." More than 10 years into the Xi Jinping era, it has become clear that much of China’s growth under his watch was driven by unsustainable borrowing, real estate speculation and investments in factories and infrastructure the country didn’t really need. Difficult reforms that could have unlocked more durable growth, such as steps to increase consumer spending, were neglected in favor of policies designed to bolster Communist Party control.

22.12 / 10:11

markets Progressive Manufacturing Strategy pandemic War International America’s chip war with China will spread

Subscribe to enjoy similar stories. In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology.

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