City Beijing Financial News

18.06 / 14:21

COST UPS Digital Google Apple Research Google's Android apps are coming in 3D via Xreal as competition with Apple's Vision Pro heats up

BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the Alibaba-backed startup said Tuesday.

18.06 / 08:29

Citi Provident Forrester Research Trade President Relationships Australian Chinese premier focuses on critical minerals and clean energy on final day of Australian visit

Chinese Premier Li Qiang has ending his Australian tour in the west coast city of Perth where he focused on China’s investment in critical minerals, clean energy and busines links

18.06 / 08:29

markets Target Cooper wellness Trade country Investigations China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars

The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports

18.06 / 04:11

Cooper Progressive Action security country peace International "G7 political tool to perpetuate US, Western supremacy": China

China has criticised the G7 Leaders' Communique, accusing the group of using China-related issues as a pretext to vilify and attack the nation. In response to a media query on China's comment to G7 Leaders' Communique, Foreign Ministry Spokesperson Lin Jian denounced the G7's statements as baseless and biased, reflecting what Beijing views as a continued effort to perpetuate US and Western dominance in global affairs.

17.06 / 21:57

Target Citizens security Election country reports Investigations Diane Francis: Protecting the 'traitors'

Canadians have remained in the dark for years about interference by China and other foreign countries in their democracy. Inquiries have been slow-walked, delayed or obstructed by the Trudeau government.

17.06 / 11:37

COST security Enterprise Trade 2020 reports Relationships Chinese premier lands in Australia on first such visit in 7 years

Chinese Premier Li Qiang has arrived in Australia on a relations-mending mission

17.06 / 11:37

markets Citi Manufacturing economy Align show reports China keeps lending rate unchanged as data show housing market is still struggling

China has kept a key lending rate unchanged despite signs of continued weakness in the second-largest economy's manufacturing and the property sectors

17.06 / 11:37

Cooper security Trade country 2020 rights Relationships Chinese premier promises more pandas and urges Australia to put aside differences

Chinese Premier Li Qiang’s visit to Australia has focused on positive aspects of the bilateral relationship including shared giant pandas and a rebounding wine trade after he urged both countries to shelve their differences

17.06 / 09:01

COST UPS FIVE Manufacturing Tesla European Commission country reports Diversion ahead? For Chinese EVs, the road may fork out to India

electric vehicles (EVs) made by Chinese companies now stare at a road bump in Europe as the European Union (EU) last week decided to hike tariffs on Made-in-China EVs. The EU decision follows a scare in the Western world about China flooding it with state-subsidised EVs. The Alliance for American Manufacturing has said that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S.

17.06 / 01:39

markets Waves Target security Trade War Mint Quick Edit | The G7’s China alarm suits India

Cold War II is worsening. The G7 summit held in Italy ended with a stiff warning aimed at China over its alleged role in “enabling" Russia’s war in Ukraine by means of dual-use tech transfers, a charge Beijing denied.

17.06 / 01:39

MET security Election Trade country International Australian Chinese premier and Australian prime minister meet at Australia's Parliament House

Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations met at Parliament House on Monday to discuss thorny issues, including lingering trade barriers, conflict between their militaries in international waters and China’s desire to invest in critical minerals. Li, China’s most senior leader after President Xu Jinping, arrived in the South Australian state capital of Adelaide on Saturday and the national capital of Canberra late Sunday in the first visit to the country by a Chinese premier in seven years.

15.06 / 16:37

Discover CBS wellness country reports Archeological artifacts recovered from 5,000 feet under sea. Will China use these items to claim South China Sea?

South China Sea as well as cultural value and discover its past, authorities have recovered 1,000 pieces of treasure, including copper coins and ornate pottery from the Ming Dynasty. According to China's National Cultural Heritage Administration, valuable artifacts from the debris of a pair of ancient shipwrecks, buried under 5,000 feet have been taken out. The shipwrecks were discovered in 2022 and the authorities toiled for one year to assess their value and ways to reach them. After much deliberations, planning and study, the archaeologists used a crewed submersible called "Deep Sea Warrior" to conduct the excavation, reports CBS News.

14.06 / 05:31

markets Strategy economy Trade show country Interviews UBS fund manager likes China's junk debt but is skeptical on India

Shamaila Khan at UBS Asset Management has deployed a somewhat counterintuitive strategy for bond investments. The head of fixed income for emerging markets is breaking with the likes of Goldman Sachs Group Inc. and is steering clear of investor favorite Indian government debt, while embracing volatile Chinese high-yield bonds, which have suffered from a prolonged property crisis.

13.06 / 18:17

markets Target Continental Trade War rights Investigations Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops

12.06 / 16:53

markets UPS Manufacturing Trade country Latin Can China’s export machine run without the West?

China’s exports are still going strong. That has created tension with the West and led to a new wave of tariffs on its eclectic vehicles. But it is also reshaping global trade.

12.06 / 10:19

markets UPS Tesla Trade European Commission Investigations EU threatens to hike tariffs on Chinese electric car imports, escalating trade spat

The European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers

11.06 / 17:01

Election Trade track country reports rights Premier Li congratulates PM Modi on new term, says China willing to develop ties in 'right direction'

Premier Li Qiang on Tuesday congratulated Prime Minister Narendra Modi on his re-election for a third term, saying Beijing is willing to work with New Delhi to «push forward bilateral relations in the right direction». Li said in a message that the sound and steady development of China-India relations is not only conducive to the well-being of the two peoples but also injects stability and positive energy into the region and the world, state-run Xinhua news agency reported.

10.06 / 09:05

CBDC Banks HSBC China Rolls Out e-CNY Services for Corporates, Signalling Foreign Banks’ Dive into Digital Yuan

HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors.

09.06 / 19:22

UPS Reuters Manufacturing Trade Inside reports Investigations Volvo shifting EV production to Belgium to avoid China tariffs

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.

07.06 / 20:33

Reuters Volkswagen Election WSJ track reports prevention US lawmakers call to add China's CATL, Gotion to import ban list, WSJ reports

CATL and Gotion High Tech should be added immediately to an import ban list, a group of Republican lawmakers said, alleging their supply chains use forced labour, the Wall Street Journal reported.

07.06 / 01:39

UPS Provident Platform Trade Courts International China's Alibaba is courting European and U.S. small businesses as it goes global

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.

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