City Beijing Financial News

09.04 / 15:33

Provident Reuters President War information reports Vladimir Putin, Xi Jinping to meet soon? Russia drops hint

Reuters as saying that Russian Foreign Minister Sergei Lavrov's visit to Beijing could be seen as preparation for "upcoming contacts at the highest level." ALSO READ: China Providing Geospatial Intelligence to Russia, US Warns "Indeed, such contacts are planned and there is an understanding of their expediency and necessity, given the high level of friendly relations between the Russian Federation and China," Peskov told reporters. ALSO READ: Yellen Threatens Sanctions for China Banks That Aid Russia War "But we still consider it premature to specify any time frames.

09.04 / 15:33

MET Trade President War reports Russia and China double down on defying US

Russia and China have pledged to deepen their growing alliance and shared opposition to what they describe as the U.S.’s attempts to dominate the world order, with Moscow again seeking to boost trade with Beijing as it looks for new ways to bypass the Western sanctions imposed for its war on Ukraine. Russia’s Foreign Minister Sergei Lavrov met with Chinese leader Xi Jinping in Beijing on Tuesday after the U.S.

09.04 / 13:37

Southern country 'If anybody tries to harm our honour then...' Rajnath warns China as its renames Arunachal area

Arunachal Pradesh east constituency on Tuesday, the Bharatiya Janata Party leader acknowledged that China changed names of 30 places in the state and said it will not change the ground reality. Asserting that Arunachal Pradesh is an integral part of India, the Defence Minister said that such activities of China are the reason the relation between the two countries will deteriorate. “I want to ask China if we change the names of various states of the neighbouring country, will those be parts of our territory? Atal Bihari Vajpayee used to say that friends change in life but neighbours do not change.

09.04 / 11:21

Election WhatsApp Southern country What if we rename parts of China: Rajnath on Beijing changing names of Arunachal areas

Rajnath Singh on Tuesday criticised China for renaming several places in Arunachal Pradesh, and wondered whether a similar attempt by India will result in those areas of the neighbouring country becoming «parts of our territory». Addressing an election rally at Namsai in Arunachal Pradesh East Constituency, Singh said China's move to change names of 30 places in the northeastern state will not change the ground reality. Arunachal Pradesh is an integral part of India, he asserted. «I want to ask China if we change the names of various states of the neighbouring country, will those be parts of our territory? Because of such activities, the relation between India and China will deteriorate,» Singh said.

09.04 / 06:19

Waters economy Food wellness travelers politician Culinary diplomacy: The internet is obsessed with what Janet Yellen eats in China

Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next

08.04 / 14:59

markets MET Cooper Trade country Relationships Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties

U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences

08.04 / 14:59

UPS Waves Manufacturing security War US will push China to change policy that threatens American jobs, Treasury Secretary Yellen says

Treasury Secretary Janet Yellen says the Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs

08.04 / 14:59

markets Provident Cooper Manufacturing economy Trade reports US and China plan talks on economics, including manufacturing issue, Yellen says

U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage

08.04 / 11:05

Platform security TikTok social Videos politician If you can't beat 'em? European politicians embrace TikTok despite security fears

Simon Harris became Ireland's prime minister-in-waiting in March, he turned to a favoured platform to express himself: TikTok. In a video with 'THANK YOU' written in yellow lettering, the man who will be Ireland's youngest Taoiseach told his 95,000 followers of his rise from an «opinionated, moody teenager» bristling at lack of educational help for his autistic brother.

08.04 / 11:03

security Election wellness President country reports First US-Japan-Philippines summit to boost defence ties

Japan and the Philippines head to Washington this week for a first trilateral summit aimed at boosting defence ties, hot on the heels of four-way military drills in the South China Sea that riled Beijing. A major upgrade of military command structures between the United States and an increasingly self-confident Japan could be announced, as well as joint coast guard patrols with Manila in areas disputed with China. Also on the agenda will be securing access to vital supplies such as semiconductors and rare metals, North Korea's growing belligerence, and the Japanese takeover of US Steel opposed by President Joe Biden.

08.04 / 10:51

markets MET economy DISH Trade testing Relationships Yellen’s tough message to China on exports tests fragile detente

BEIJING—When Treasury Secretary Janet Yellen met her Chinese counterpart in Switzerland early last year, she tiptoed around controversial issues, only raising trade disagreements during a brief, one-on-one coffee break with Liu He, then China’s vice premier, according to people familiar with the meeting. In China over the past few days, Yellen wasn’t so shy. She hammered Chinese officials for exporting too many clean-energy goods, warning regional officials, as well as Vice Premier He Lifeng and Premier Li Qiang, to scale back industrial production.

08.04 / 08:17

UPS Southern President reports International China conducts 'combat patrols' in disputed South China Sea amid joint military exercises by US, Japan, Australia, Philippines

China has carried out military «combat patrols» in the disputed South China Sea, amid the US' first joint military exercises with the Philippines, Japan and Australia, Al Jazeera reported. China announced a naval drill on Sunday after defence chiefs from four nations said the Philippines will host joint drills in the same area on the same day. Beijing's People's Liberation Army (PLA) Southern Theater Command announced it was organising «joint naval and air combat patrols in the South China Sea».

08.04 / 07:27

UPS MET Cooper economy Remark Trade Yellen says U.S. plans to ‘underscore’ need for China to shift policy

BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to shift its policy on industry and the economy.

07.04 / 23:03

markets Manufacturing Tesla Southern wellness country Relationships Yellen says 'tough conversations' needed on China's overproduction

Hudson Institute senior fellow Rebeccah Heinrichs weighs in on Secretary Yellen’s controversial trip to China during an appearance on ‘Varney & Co.’

07.04 / 03:55

Cooper Progressive Manufacturing President country Relationships US, China need 'tough' conversations, Janet Yellen tells Chinese Premier Li Qiang

Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on «a more stable footing» over the past year. As they began a meeting in Beijing, Li responded that the two countries needed to respect each other and should be partners, not adversaries, adding that «constructive progress» had been made during Yellen's trip.

06.04 / 19:01

markets COST UPS CEO wellness country Luxury market in India rides the new wave of affluent buyers

Bulgari’s jewellery and watches have been lapped up by Indians. “We recorded our best ever sales performance in India in 2023,” says Babin. According to consulting major Bain & Co, the luxury goods market, which includes personal luxury goods, jewellery, home décor, cars, boats and spirits, is now worth $17 billion in India, and is expected to be $90 billion by 2030. Out of the $17 billion market, the personal luxury goods market, which includes watches, leather, apparel and beauty, is $4 billion.

06.04 / 13:01

CEO security Strategy Tesla Motorola ESPN Features Weekly Tech Recap: OnePlus Nord CE4 5G launch, Alibaba's rocket-based delivery plan, Disney's password crackdown, more

Alibaba, the prominent Chinese e-commerce giant, aims to revolutionize global delivery services by exploring one-hour deliveries using a rocket-based system in partnership with Beijing's Epoch Space. Facing fierce competition, especially in its flagship Taobao marketplace, Alibaba seeks to maintain its industry dominance. Previously offering five-day deliveries in key global markets through Cainiao Smart Logistics Network, Alibaba now ventures into rocket-based transportation to further expedite delivery times.

06.04 / 12:23

markets Provident Cooper Manufacturing economy reports Relationships US and China plan talks on economics, including manufacturing 'overcapacity' issue, Yellen says

China agreed to hold talks that will address a key American complaint about China's economic model, Treasury Secretary Janet Yellen said Saturday on the second day of an official visit to China. The two sides will hold «intensive exchanges» on more balanced economic growth, according to a U.S. statement issued after Yellen and Chinese Vice Premier He Lifeng held extended meetings over two days in the southern city of Guangzhou.

06.04 / 07:39

COST Manufacturing Action economy Election US, China to discuss manufacturing ‘overcapacity' issue, economic growth

US lauds India's policy of ‘forcing’ Russia to sell oil at bigger discounts "Agreed that the US and China will hold intensive exchanges on balanced growth in the domestic and global economies. These exchanges will facilitate a discussion around macroeconomic imbalances, including their connection to overcapacity, and I intend to use this opportunity to advocate for a level playing field for American workers and firms," Yellen said. On Friday, Yellen chided China for “unfair" treatment of American and other foreign companies.

06.04 / 03:13

Provident security students information reports recommendations New foreign interference documents raise questions about special rapporteur report

New intelligence documents published by the federal foreign interference inquiry raise questions about the conclusions of former Governor General David Johnston’s probe into the issue.

05.04 / 16:33

Citi Progressive economy Myanmar Trade country ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices

Southest Asian finance ministers and central bank governors have ended meetings in the Laotian city of Luang Prabang citing progress in building stronger regional institutions, but also noting serious challenges due to geopolitical tensions and volatil...

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