City Beijing Financial News

05.06 / 21:21
Man Entertainment Winter Olympics pop rights Sporting athletics Inside NBC's Olympics bet on pop culture in Paris, with help from Snoop Dogg and Cardi B
NBC has partnered with several entertainers and non-Olympic athletes like Megan Thee Stallion, Dolly Parton and Peyton Manning to promote the Paris Games this summer
05.06 / 05:13
Action economy President country peace International US President Joe Biden open to military action if China invades Taiwan
ANI report.“Not ruling out using US military force. There's a distinction between deploying on the ground, air power and naval power," he said during the exclusive interview conducted at the White House on May 28, as quoted by ANI.Biden also said that he had communicated to Chinese President Xi Jinping that the United States would not seek independence for Taiwan, which was in line with Washington's long-standing agreement with Beijing.
04.06 / 15:21
Cooper security Election President country exclusive Maldives and China discuss further bolstering defence ties
defence agreement with the Maldives, China's Ambassador here has met with the island nation's defence minister to discuss «the strengthening of military ties and the security and safety of the two countries.» Chinese Ambassador to Maldives Wang Lixin paid a courtesy call on Defence Minister Ghassan Maumoon on Monday, news portal Adhadhu.com reported.
04.06 / 12:43
Cooper Election country voice Relationships US Pentagon chief visits Cambodia to boost ties with China ally
Lloyd Austin visited Cambodia on Tuesday in an effort to reset ties with the staunch China ally.
03.06 / 11:41
Man BBC SPY reports Department UK's MI6 recruited Chinese couple as spies, alleges China: Report
BBC reported on 3 June.The Chinese ministry, in a post on its official WeChat channel, stated that MI6 operatives turned a Chinese man identified only by his surname Wang and his wife surnamed Zhou against Beijing, the report said, adding the duo worked in 'core confidential' departments in a Chinese state agency.ALSO READ: US and allies clash with China and Russia over North Korea's launches and threats to use nukesAccording to the report, the Chinese ministry also alleged the UK's Secret Intelligence Service began cultivating Wang in 2015 when he went to the UK for his studies under a Sino-British exchange programme."Wang was initially hesitant but could not resist [the operatives'] repeated persuasion, enticement and even coercion, and eventually agreed," BBC quoted the ministry said in a statement on WeChat, that added, "Under Wang's strong instigation, Zhou agreed to collect intelligence... and he and his wife became British spies."Adding more, China said that UK took 'special care' of Wang and invited him to dinners.
02.06 / 17:59
UPS security Coronavirus country medicines Pharmaceuticals Pill for China plus one
China for all manner of things, most crucially, medical supplies. That it was also China where the coronavirus originated made for macabre irony as Beijing tried to use the people's suffering for geopolitical gains. World leaders recognised that the scale of reliance — fatal attraction, rather — was a national security threat. They devised a new lexicon to stay awake. 'De-risking', 'China plus one', 'friendshoring', 'resilient supply chains', 'trusted partners' and 'reliable geographies' became buzzwords. While progress was made to deny China the edge in semiconductors and critical minerals, focus on health security has been sporadic. Both the US and India acknowledge that pharma supply chains are too concentrated in one country and the need for diversification is urgent. But little has been done to address the issue. A partnership on health security similar to the one forged on critical and emerging technologies could be an idea. Good thing is the building blocks are already in place.
02.06 / 07:45
Cooper security War testing gatherings Relationships China’s defense chief turns down temperature on tensions with US
SINGAPORE—China’s defense minister sought to assuage fears of confrontation between the Chinese and American militaries a day after the U.S. defense chief did the same, part of an effort to manage tensions between the two global powers in a turbulent environment. He also warned Washington against testing Beijing’s limits on its core interests, in a sign of how delicate and tentative the rapprochement remains.
02.06 / 07:45
UPS Remark Election War International Arsenal The world should take up China's nuclear no-first-use treaty proposal
The world is too distracted with ongoing wars and high-stakes election campaigns to pay attention to a remarkable proposal from China. At the United Nations Conference on Disarmament held in Geneva this February, one of Beijing’s senior officials dealing with nuclear weapons policy declared that “nuclear-weapon states should negotiate and conclude a treaty on no-first-use of nuclear weapons against each other or make a political statement in this regard." There had been some indications towards the end of 2023 that China was planning to engage the United States in a new phase of discussions on nuclear security, but the proposal in Geneva is as breathtaking as it is promising. The world—and India — must approach it constructively.
02.06 / 02:37
MET Cooper security Remark President country China defence chief says Beijing ready to 'forcefully' stop Taiwan independence
Dong Jun warned Sunday his military is ready to «forcefully» stop Taiwan independence but called for greater exchanges with the United States.
02.06 / 01:43
Landmark Sustainability Southern country rock innovations Updates China makes historic landing on far side of the moon
China landed an uncrewed spacecraft on the far side of the moon on Sunday, a landmark mission which aims to retrieve rocks and soil from the lunar surface, China's space agency said.
01.06 / 02:07
UPS MET security Remark War US Defense Secretary Lloyd Austin says US 'can be secure only if Asia is'
Singapore: US Defense Secretary Lloyd Austin said Saturday the Indo-Pacific region remained a «priority» for Washington, saying the United States was secure «only if Asia is». Lloyd made the remarks at a major security forum in Singapore, a day after he met with his Chinese counterpart Dong Jun. «The United States can be secure only if Asia is and that's why the United States has long maintained its presence in this region,» Austin told the Shangri-La Dialogue, which in recent years has become a barometer for US-China relations.
31.05 / 15:43
Citi Waves reports prevention rights Videos Window Washers dangle from famous tower in severe storm; watch video
maintenance-related work were seen dangling, holding on to a rope from a high-rise building. This raised concerns regarding their safety. This incident was reported in the Chinese capital of Beijing.
31.05 / 14:47
UPS security show country reports International India’s expanding defence ties in Indo-Pacific region to increase Sino-Indian competition
India’s expanding defence role and partnerships in Indo-Pacific region will likely further contribute to the increasingly competitive nature of India–China relations, pointee out International Institute of Strategic Studies (IISS), leading international think tank in its recent report. The 11th edition of the International Institute of Strategic Studies (IISS) Asia-Pacific Regional Security Assessment (APRSA) released on the occasion on Shangrila Dialogue beginning on Friday in Singapore noted, “For India, being a ‘preferred security partner through defence partnerships, from combined exercises to arms transfer, increases its regional presence, which in turn enhances its influence with Asia-Pacific countries while countering Beijing’s regional influence. India’s defence engagement is and will continue to be focused on the Indian Ocean region, although it is working to increase its presence in Southeast Asia and the Pacific Ocean. India’s expanding defence role and partnerships will likely further contribute to the increasingly competitive nature of India–China relations.’’ It may be noted that India has stepped up its maritime security partnership across SE Asia including deputing Navy ships to the region regularly.
31.05 / 12:39
UPS Research show country social stars Videos China’s Panda diplomacy tested as fight erupts over Fu Bao
SEOUL—China’s panda diplomacy isn’t looking so cuddly all of a sudden. Beijing is accused of mistreating Fu Bao, a recently returned female panda from South Korea. The 4-year-old panda has a following in South Korea akin to a pop star, with merchandise, online fan groups and even birthday billboards.
30.05 / 12:21
Aviat Manufacturing security Software Simulation Department International China to impose controls on exports of some aviation and aerospace equipment
China's Commerce Ministry has announced it will restrict exports of some aviation and aerospace-related equipment and technology beginning July 1
30.05 / 11:21
UPS Citi security Parke show Traffic Chinese cities eyes data assets as fiscal woes bite
China’s property slump has weighed heavily on land sales, drying up a key source of revenue for local governments. Now, authorities are looking at an unconventional way to fill up their coffers: data monetization. The protracted property downturn has hit local governments hard, with many struggling under huge piles of debt.
30.05 / 04:03
UPS Waters security SPY country reports North Korea fires multiple short-range ballistic missiles
North Korea fired a salvo of short-range ballistic missiles early Thursday, Seoul's military said, hours after Pyongyang sent hundreds of trash-filled balloons across the border to punish South Korea. The launch follows a failed attempt by the nuclear-armed North to put a second spy satellite into orbit on Monday, shortly after Seoul, Beijing and Tokyo held a rare summit and called for Pyongyang to give up their nukes. Kim Jong Un's powerful sister on Thursday referred to the balloon barrage, which reportedly contained animal faeces, as «sincere presents» for the South in a statement, saying they were justified retaliation for anti-Kim propaganda sent northwards by activists.
29.05 / 20:13
Cooper President War Egypt and China deepen cooperation during el-Sissi's visit to Beijing
Egypt and China have signed agreements deepening their cooperation during President Abdel-Fattah el-Sissi’s visit to Beijing
29.05 / 20:13
Provident Manufacturing economy Sustainability social reports International IMF upgrades its forecast for China's economy, but says reforms are needed to support growth
The International Monetary Fund has upgraded its forecast for China's economy, while warning that reforms are needed to sustain growth
29.05 / 19:11
Citi Fighting Southern War cover reports Israel military says it has seized entire Gaza border along Egypt
strategic corridor that runs along the length of Gaza's border with Egypt, an objective Israel had said was necessary in its bid to destroy Hamas as part of the ongoing war, now in its eighth month. The capture of the area, known as the Philadelphi Corridor, gives Israel control over a strip of land it says is awash in smuggling tunnels that have funneled weapons and other goods for Hamas — even under a yearslong blockade imposed by Israel and Egypt. The move comes as Israel has deepened its incursion into the southern Gaza city of Rafah, where hundreds of thousands seeking shelter from fighting elsewhere had been displaced. The capture of the corridor could complicate Israel's relations with Egypt, which has complained over Israel's advance toward its border, including when Israel took over the Rafah border crossing, the only crossing between Gaza and Egypt.
29.05 / 04:29
markets Manufacturing economy Trade President country International How China pulled so far ahead on industrial policy
In the 1970s, President Jimmy Carter placed solar panels on the roof of the White House as a symbol of his commitment to developing energy from the sun. In the 1990s, Japan offered homeowners groundbreaking subsidies to install photovoltaic panels. And in the 2000s, Germany developed an innovative program that guaranteed consumers who adopted a solar energy system that they would sell their electricity at a profit. But no country has come close to matching the scale and tenacity of China's support. The proof is in the production: In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world, according to the International Energy Agency.

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