City Beijing Financial News

15.02 / 07:17

Target Career Death show gatherings Investigations China watchers are trying to spot the next target of Xi’s purges

Subscribe to enjoy similar stories. Beijing’s recent announcement of an investigation into its top general was a bombshell with a mystery at its heart: What pushed Chinese leader Xi Jinping to purge a friend he had entrusted to overhaul the military? Official newspaper editorials have condemned Gen. Zhang Youxia for allegedly undermining Xi’s authority, abetting corruption and damaging efforts to develop China’s combat effectiveness.

15.02 / 01:39

UPS Google ByteDance TikTok voice Videos TikTok’s Chinese parent has an app to replace Hollywood

Subscribe to enjoy similar stories. SINGAPORE—The company behind TikTok has developed an artificial-intelligence model that can turn a single text prompt into a high-quality video with a story line, scene changes and distinctive characters. The new AI video-creation model from Beijing-based ByteDance is generating buzz in China and a backlash in Hollywood over copyright issues.

12.02 / 08:01

markets Action security Align wellness Trade country A US-led critical minerals alliance presents India with opportunities as well as challenges

Subscribe to enjoy similar stories. The Critical Minerals Ministerial Meeting convened in Washington D.C. last week underscored the extent to which resource security has become central to contemporary geopolitics.

12.02 / 00:35

COST security Trade President love Diversity reports From Caracas, with love: How Venezuela's reopening helps India's energy agenda

Subscribe to enjoy similar stories. New Delhi is positioning for an oil windfall from Venezuela, as the South American nation prepares to re-route hundreds of thousands of crude oil barrels currently shipped to China. As American sanctions on Venezuela end, Caracas may dispatch to India and the US 400,000 barrels per day that it now sends to Beijing, three people aware of the matter said.

11.02 / 07:49

markets Remark Election Opinion President Relationships Meiji Restoration 2.0? Japan looks set to reinvent itself under the bold leadership of Sanae Takaichi

Subscribe to enjoy similar stories. A photo last month of Japanese Prime Minister Sanae Takaichi wearing a bright electric blue outfit and playing the drums alongside Korean President Lee Jae Myung is only one of many of Japan’s prime minister to go viral. The image is also remarkable because Korea and Japan have long had a strained relationship.

10.02 / 03:11

markets UPS Remark President country reports China urged banks to cut US treasury exposure. Why it didn’t spook the bond market.

Subscribe to enjoy similar stories. The U.S. debt market shrugged off a report Monday that China urged its banks to cut their exposure to U.S.

09.02 / 04:25

UPS security wellness President 2020 Courts Hong Kong’s Jimmy Lai given 20-year sentence, adding friction to US-China ties

Subscribe to enjoy similar stories. HONG KONG—A Hong Kong court sentenced former tycoon Jimmy Lai, an outspoken 78-year-old critic of China’s Communist Party, to 20 years in prison, a ruling that adds further friction in U.S. relations with China.

09.02 / 01:55

markets UPS economy Parke Trade International The Chinese ‘auntie’ investors behind the gold and silver frenzy

Subscribe to enjoy similar stories. Rose Tian is worried about the economy and global instability. So she does what millions of people in China do: buys gold.

09.02 / 01:25

security BURST Election Trade President show Takaichi rolls to a landslide victory in Japan

Subscribe to enjoy similar stories. Who says every political leader in the free world is unpopular? Japanese Prime Minister Sanae Takaichi defied that stereotype on Sunday by leading her Liberal Democratic Party to a sweeping victory in the lower house of Parliament. Returns show the LDP on a path to win a comfortable majority on its own, which amounts to a landslide.

08.02 / 14:19

UPS Election President performer track social Japan’s Takaichi is on track to score big in election gamble

Subscribe to enjoy similar stories. TOKYO—Japanese Prime Minister Sanae Takaichi was on track to lead her party to a thumping victory in parliamentary elections, handing her a powerful mandate to deepen ties with the U.S. and rev up Japan’s economy.

08.02 / 02:21

markets COST UPS Citi wellness Universities China is going all-in to beat the US on humanoid robots

Subscribe to enjoy similar stories. SUZHOU, China—Elon Musk has been telling investors for months that Tesla’s Optimus humanoid robot will revolutionize the world and create a new mega-industry. But most of it could belong to China, he has warned.

02.02 / 10:49

markets COST Platform economy show recommendations Updates How AI is rewriting consumer commerce in China

Subscribe to enjoy similar stories. China’s consumer recovery has been slower and more uneven than policymakers hoped, but one part of the economy is moving fast anyway: artificial intelligence. As demand growth falters and traditional stimulus offers only limited lift, China’s biggest consumer platforms are leaning into AI not as a moonshot, but as a practical tool to stabilize margins, reshape competition, and extract more value from each transaction.

31.01 / 06:15

Target country reports Interviews Investigations International High-profile arrests spark exodus of scam workers in Cambodia

Subscribe to enjoy similar stories. The arrests of two alleged ringleaders of transnational scam networks in Cambodia have led to thousands of workers—many of them trafficked—being let go from compounds across the country, one of the biggest shake-ups to date of the so-called pig-butchering industry. But the government’s actions fall short of what experts say is needed to eradicate an illicit industry that has become deeply rooted in Cambodia and has stolen billions of dollars from Americans in recent years.

30.01 / 08:03

markets Provident Manufacturing Airlines Tesla show Commentary China’s EVs are coming to Canada. Americans should welcome them, too.

Subscribe to enjoy similar stories. About the author: Clifford Winston is a nonresident senior fellow at the Brookings Institution and author of Market Corrections Not Government Interventions: A Path to Improve the U.S. Economy. In 1977, a swashbuckling British entrepreneur named Freddy Laker launched the Skytrain, a no-frills, low-fare flight between London and New York.

27.01 / 11:11

markets UPS Trade President War country travelers Stung by Trump, America’s top trading partners cozy up to China

Subscribe to enjoy similar stories. U.S. trading partners, feeling burned by an unpredictable and transactional White House, are reassessing China in a drive to lessen their longstanding reliance on America.

24.01 / 12:53

UPS Strategy Chevron Research ConocoPhillips President rights China built a vast oil stake in Venezuela. Now it risks getting muscled out.

Subscribe to enjoy similar stories. When Venezuela booted out American oil companies in a nationalization campaign nearly two decades ago, China stepped in. Now, Beijing’s foothold there is in doubt as the U.S.

24.01 / 06:37

Cooper security Strategy TikTok President peace Pentagon’s new defense strategy strikes conciliatory tone on China

Subscribe to enjoy similar stories. The Pentagon stuck a conciliatory tone toward Beijing in its new defense strategy, stating that its overarching goal is to establish “strategic stability" in the Indo-Pacific region and de–escalate tensions with the Chinese military.

22.01 / 08:35

markets COST Citi trends students show 2020 Why reversing China’s demographic decline will prove far harder than Beijing may reckon

Subscribe to enjoy similar stories. China has just announced that births in 2025 plunged to 7.92 million, from 9.54 million the previous year, and almost half of what was projected (14.33 million) when the one-child policy was repealed in 2016. In fact, China’s births have fallen to a level comparable to that of 1738 CE, when the country’s total population was only about 150 million.

22.01 / 04:55

Provident security SPY President information Interviews Investigations The Chinese spy machine infiltrating Taiwan’s military

Subscribe to enjoy similar stories. TAIPEI—Sgt. Lai Chung-yu had almost everything a Chinese spy recruiter could want in a Taiwanese asset.

21.01 / 07:01

markets COST UPS Manufacturing Volkswagen Tesla Porsche Chinese EVs blow past Tesla and tariffs en route to global reign

Subscribe to enjoy similar stories. Julian Scot-Smith was window shopping at a Porsche dealership with his wife in London’s fancy Mayfair district before Christmas, sizing up the SUVs. Then the couple peeked into another dealership around the corner.

21.01 / 02:23

Provident security Trade Latin International Donald Trump’s adventurism is unsettling China

Subscribe to enjoy similar stories. Surveying his geopolitical scorecard at the end of last year, Xi Jinping had reasons to be cheerful. China’s leader had just stared down his American counterpart, Donald Trump, in a trade war.

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