City Beijing Financial News

15.10 / 03:45

markets Digital Experts War Schools Updates Taiwan details record surge in Chinese warplanes involved in war games

Taiwan's defence ministry on Tuesday detailed the surge in Chinese warplane activity around the island during war games the previous day, saying it had detected a record 153 Chinese military aircraft. China held a single day of what it called "Joint Sword-2024B" drills on Monday as a warning to «separatist acts», following last week's national day speech by Taiwan President Lai Ching-te that Beijing denounced. In its daily update on Chinese military activity around the island in the previous 24 hours, Taiwan's defence ministry said it spotted 153 Chinese military aircraft, updating a figure given on Monday evening of 125 which it had already said was a record high for a single day.

14.10 / 22:07

Target FIVE security Investigations China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip

China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, Islamabad

14.10 / 22:07

markets Manufacturing CEO Trade War show 2020 Paris Motor Show opens during a brewing EV trade war between the EU and China

Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor Show

14.10 / 21:59

markets UPS Target Manufacturing economy Trade country Asia watching China’s policy push closely as economies brace for spillover

Subscribe to enjoy similar stories. Asia is scrutinizing China’s unprecedented efforts to keep its economy humming. If Beijing doesn’t succeed, the fallout will ripple across the region, just as economies there get onto firmer ground.

14.10 / 21:27

markets UPS economy Tesla reports Asian shares gain after China says more help is needed for its slowing economy

Asian shares have started the week on a high note, with stocks in China rising more than 2% after the finance minister said over the weekend that more stimulus is needed for the slowing economy

14.10 / 21:17

markets UPS economy Remark Trade China's finance minister says there is room for more economic stimulus but offers no plan

China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday

14.10 / 21:12

markets UPS President country reports rights Chinese finance minister hints at increasing the deficit at highly anticipated briefing

BEIJING — China's Minister of Finance Lan Fo'an told reporters Saturday during a highly anticipated press briefing that the central government has room to increase debt and the deficit.

14.10 / 20:45

Citi security economy Election President Universities Courts An ex-judge from mainland China is set to take Macao's top job. What's at stake for the casino hub?

Some 400 pro-establishment electors are set to approve the sole candidate for Macao’s chief executive job on Sunday, making him the Chinese casino hub’s first leader born in mainland China

14.10 / 12:13

markets Cooper Trade country reports Relationships China's Premier Li talks trade in Vietnam despite differences over South China Sea

China has agreed to assist Vietnam on cross-border railway development and take steps to expand agricultural imports from its smaller neighbor

14.10 / 12:12

UPS Citi security economy Election Universities Macao's former top judge is chosen as the Chinese casino hub's first leader born in mainland China

Macao’s former top judge has been chosen the Chinese casino hub’s next leader

14.10 / 12:11

UPS Reuters economy Food wellness show information China's exports and imports grew far less than expected in September

BEIJING — China's exports grew by 2.4% in September from a year ago in U.S. dollar terms, while imports rose by 0.3%, customs data showed Monday.

14.10 / 11:35

UPS Manufacturing economy Trade reports China’s exports slow sharply in September, adding to worries over the economy

China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world's second-largest economy

14.10 / 10:31

markets Remark Boxing country social reports China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

BEIJING — China's Ministry of Finance press briefing over the weekend underscored how it is focused on tackling local government debt problems, instead of the stimulus markets have been waiting for.

09.10 / 12:59

markets Bitcoin Bitcoin Stunted as China Eases Stimulus Plans: Has ‘Uptober’ Been Derailed?

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

09.10 / 06:11

UPS Booking pandemic trends country travelers China's Golden Week holiday signals persistent consumer caution

BEIJING — China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.

09.10 / 06:11

markets Citi Platform Mobile Tesla testing International Baidu's robotaxi unit is exploring expansion into global markets in the 'near future'

BEIJING — Chinese tech company Baidu's robotaxi unit, Apollo Go, is in talks with several firms to expand into overseas markets in the «near future,» according to a source familiar with the matter.

08.10 / 12:31

security Analysis wellness Justice information reports recommendations A 2021 Chinese interference analysis stalled with Trudeau security adviser

A 2021 analysis of China’s foreign interference operations intended to spark discussion among senior government figures did not make it to Prime Minister Justin Trudeau or cabinet ministers, the Hogue commission heard Monday.

08.10 / 10:35

markets UPS DOW economy Trade Stock market today: Hong Kong shares plunge as economic rescue plans from Beijing fall flat

Hong Kong's share benchmark has fallen more than 9% and other Chinese markets gave up much of their early gains as traders dumped shares following recent rallies

08.10 / 10:35

UPS Target Progressive stage country Investigations China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs

Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39% on Tuesday

08.10 / 08:07

Target reports International Chinese equities jump 5% on the back of Beijing's 'full confidence' in hitting growth targets

The head of China's National Development and Reform Commission (NDRC) Zheng Shanjie told reporters in Beijing «we are fully confident in achieving the goals of economic and societal development for the year», according to reports. At the beginning of 2024, the Chinese government set an economic growth target of 5% for the year. This was in contrast to international expectations, as China's economic growth had slowed in recent years, and was projected to decelerate to 3.3% by 2029 by the International Monetary Fund. Chinese equities surge on the back of biggest stimulus package in y...

08.10 / 06:25

Target FIVE Southern show country Videos An explosion outside the Karachi, Pakistan, airport kills 2 workers from China and injures others

Officials say a massive explosion outside Pakistan's Karachi Airport has killed two workers from China and injured several others

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