City Beijing Financial News
31.07 / 05:00
markets
Manufacturing
economy
China's manufacturing activity contracted in July, the monthly Purchasing Managers' Index says
A closely watched measure of Chinese manufacturing activity remained negative in July as concern persists about the state of the world’s second largest economy
31.07 / 01:56
UPS
Manufacturing
Trade
recommendations
Mint Quick Edit | Chinese investment could suit India
Advocacy of Chinese foreign direct investment into India by the Economic Survey notwithstanding, a change in India’s position seems unlikely. “There is no rethinking at present to support Chinese investments in the country," commerce and industry minister Piyush Goyal said on Tuesday, noting that the survey’s recommendations are not binding.
30.07 / 22:45
Racing
Winter Olympics
isolate
testing
athletics
freestyle
COVID-19 hits Paris Olympics: Athletes forced to withdraw and mask up
COVID-19 pandemic, the virus has forced athletes to withdraw from events and has others donning masks once again at the Paris Games.Several athletes have tested positive, including Australian swimmer Lani Pallister who was a medal hope in the women’s 1,500 metres freestyle but had to withdraw from the event. Pallister has been instructed to isolate in her room.A team spokeswoman said the decision had been made to save Pallister’s energy for the 4x200m freestyle relay which starts on Thursday.British swimmer Adam Peaty tested positive a day after he narrowly missed out on 100 metres breaststroke gold, sharing silver with American Nic Fink.“I’ll now be focusing on a fast, full recovery to give my best in the team relays later in the week,” the 29-year-old Peaty posted on Instagram.“Adam’s okay, he’s not dying.
30.07 / 19:54
30.07 / 11:56
Cooper
Manufacturing
Action
economy
Remark
Trade
War
Italy and China sign a 3-year action plan as Italian leader Meloni tries to reset relations
Meloni hopes to implement past agreements and try new forms of cooperation.
30.07 / 09:15
29.07 / 15:45
ByteDance
TikTok
Justice
social
information
Department
Courts
Justice Department says TikTok collected US user views on issues like abortion and gun control
In a fresh broadside against one of the world’s most popular technology companies, the Justice Department has accused TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abo...
29.07 / 14:35
Provident
Cooper
wellness
Trade
President
country
Relationships
China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'
Chinese President Xi Jinping called for further cooperation with Italy on Monday at a meeting with Italian Prime Minister Giorgia Meloni, saying the two countries were the ends of the historical Silk Road trade route
29.07 / 01:44
Election
Trade
President
Celebrity
country
International
rowing
Maldives President Muizzu thanks India for economic support, affirms hope of signing FTA
India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
28.07 / 12:02
UPS
Racing
Freedom
reports
testing
China’s ‘socialist’ AI chatbots: Is this a doomed project?
Beijing’s rigorous push for chatbots with core socialist values is the latest roadblock in its effort to catch up with the US in a race for artificial intelligence (AI) supremacy. It’s also a timely reminder for the world that a chatbot cannot have its own political beliefs, the same way it cannot make human decisions. It’s easy for finger-wagging Western observers to jump on recent reporting that China is forcing companies to undergo intensive political tests as more evidence that AI development will be knee-capped by the government’s censorship regime.
28.07 / 09:13
markets
UPS
Manufacturing
Strategy
Mobile
Trade
country
Need to take nuanced approach for FDI from China: Official
foreign direct investments from China, and the government can consider FDI applications from Beijing in sectors involving high-end technologies like electric vehicles and batteries, which are not available in other nations, an official said. China has some modern capital equipment of different types, which can be important for India.
28.07 / 04:49
UPS
Digital
Election
Trade
President
Bitcoin
country
Trump cites China competition in vowing to create bitcoin 'stockpile'
Trump told a bitcoin conference on Saturday that the U.S. must dominate the sector or China would, his latest move to court advocates of cryptocurrency, which Beijing has restricted and which he once dismissed as a «scam.» Speaking at the Bitcoin 2024 convention in Nashville, Trump positioned himself as the pro-cryptocurrency candidate ahead of the Nov. 5 presidential election, saying he would make the U.S. the world's cryptocurrency leader and embrace friendlier regulations than likely Democratic nominee Vice President Kamala Harris.
27.07 / 20:06
Action
Matthews
Simulation
President
War
Department
US hails 'productive' meeting between Blinken and China FM
United States hailed «open and productive» discussions between China's foreign minister and Secretary of State Antony Blinken in Laos on Saturday in which Blinken raised US concerns over Beijing's «provocative actions» around Taiwan.
27.07 / 19:02
UPS
Gap
Olympics
shock
rights
fencing
Historic Olympic streak ends in a shock upset as Hungarian fencer Aron Szilagyi is finally beaten
fencing was snapped in a shock upset Saturday as Hungarian fencer Aron Szilagyi lost his opening bout while chasing a fourth consecutive gold medal. Szilagyi won Olympic gold in men's individual saber in 2012, 2016 and 2021 — the only male fencer to be a three-time individual champion.
27.07 / 15:35
27.07 / 12:36
markets
COST
UPS
reports
International
Pakistan jittery as suspense continues on energy sector loan from China
China linked to the ambitious China-Pakistan Economic Corridor. Muhammad Aurangzeb, Pakistan's Minister for Finance and Revenue, and Sardar Awais Ahmad Khan Laghari, the Minister for Energy (Power Division) are both in Beijing for the last three days, media reports said here on Saturday.
27.07 / 05:57
UPS
BLOCK
Strategy
Trade
President
International
US spars with China over who subsidises its industries the most
China sparred over industrial subsidies at the World Trade Organization on Friday, with Beijing asking to set up a dispute panel to review the Inflation Reduction Act’s tax credits and Washington responding by accusing China of hypocrisy.
26.07 / 19:40
Waves
Waters
Election
Actor
show
reports
International
Zero Day: Here’s trailer, episode count, release date, cast and production team of Taiwanese show
Zero Day," a Taiwanese TV series about a Chinese invasion, has sparked strong reactions. The nearly 18-minute teaser shows the People’s Liberation Army (PLA) landing in Taiwan, causing a wave of comments and views on YouTube.
26.07 / 13:11
Cooper
Waters
Action
President
country
strain
China issues rare praise to Philippine president for his ban on Chinese online gambling operators
China has issued a rare compliment to the administration of Philippine President Ferdinand Marcos Jr. for his order banning widespread and Chinese-run online gaming operations
26.07 / 09:57
25.07 / 17:46
Entertainment
Coronavirus
trends
audience
Olympics
rights
Sporting
US viewers' Olympics interest is down, poll finds, except for Simone Biles
On the heels of low ratings for the coronavirus pandemic-marred Tokyo and Beijing Olympics, Paris may not do much better among U.S. viewers
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