City Beijing Financial News

01.03 / 10:39

markets UPS Manufacturing economy Headlines China's manufacturing activity contracts for 5th straight month despite policy support

Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers

01.03 / 10:39

markets UPS DOW Manufacturing economy show record high Stock market today: World stocks track Wall Street gains, Japan shares hit record high

Japanese stocks have again set a record, a day after U.S. stocks climbed to all-time highs

01.03 / 02:27

markets Provident security economy Trade show reports Everything China’s doing to rescue its battered stock market

Also Read: Chicago Distressed Properties Lure Bargain-Hunting Buyers Feb. 18: Chinese Premier Li Qiang called for “pragmatic and forceful" action to boost the nation’s confidence in the economy. Officials should focus on solving practical problems faced by individuals and companies as the holiday ends, Li said, adding that they need to “win the trust of the people with real work and achievement." Feb.

29.02 / 20:25

Citi Consortium with China's CRRC to build railroad in Brazil's Sao Paulo state

SAO PAULO (Reuters) — A consortium with Brazilian firm Comporte and a subsidiary of Beijing-based company CRRC was the only bidder and won an auction on Thursday for a 30-year concession to build a railway that would link the cities of Sao Paulo and Campinas.

29.02 / 13:56

UPS Netflix awards audience song reports International How Chinese science fiction went from underground magazines to Netflix extravaganza

For a few days in October 2023, the capital of the science fiction world was Chengdu, China

29.02 / 08:37

markets UPS economy Universities song travelers Colleges Chinese firms step up hiring, but tight-fisted on pay

By Ellen Zhang, Xiaoyu Yin and Marius Zaharia

29.02 / 04:55

Digital Bill crypto regulation Trade Experts International State Duma Approves Use of Russia’s Digital Assets in International Settlements

State Duma lawmakers have signed off on a bill that will let Russian firms and their partners use the digital ruble and “digital assets” in international settlements.

29.02 / 04:51

markets Provident FIVE CEO NVIDIA wellness reports Geely-backed car tech company takes aim at Nvidia's growing auto business

BEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender.

29.02 / 03:03

Reuters security economy Fitch reports International China rolls over $2 bln loan to Pakistan, finance minister says

China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday. The $2 billion loan was due in March and has been extended for one year, Geo News which first reported the news said, citing sources in the Pakistan finance ministry. Beijing had communicated the decision to Islamabad, it added.

28.02 / 16:46

Citi Target security country cover 2020 International Hong Kong's plan for a new security law deepens fears over eroding civil liberties

As Hong Kong moves toward enacting a new national security law, more than three years after Beijing imposed a similar law that all but wiped out dissent and vocal pro-democracy media in the semi-autonomous Chinese city, concerns are spreading among the...

28.02 / 09:19

Provident security country information travelers rights Updates China doubles down on national security, expanding its state secrets law

BEIJING — China is beefing up national security measures by expanding its protections of state secrets to include a broad category of «work secrets.»

28.02 / 05:23

markets COST UPS Reuters Manufacturing Bearish demand expectations challenge iron ore's price resilience

By Amy Lv and Tony Munroe

27.02 / 12:29

markets Analysis AMD show performer cover information NOT China's chips 'not as far behind Intel/AMD as some investors may think' - Bernstein

In its recent note covering the Chinese semiconductor market, Bernstein analysts initiated coverage on Hygon Information Technology with an Outperform rating.

27.02 / 05:53

markets Reuters economy Exodus Nikkei Trade performer Exclusive-StanChart suspends new offshore channel investments by China clients

By Selena Li

27.02 / 02:03

Citi Digital Citizens reports gatherings Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China

Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets, as the nation’s CBDC project continues to gather pace.

26.02 / 10:51

markets security Trade President War country Relationships How scared is China of Donald Trump’s return?

American tariffs of over 60% on Chinese imports? “Add even more," rages one online commentator in the mainland. “I’d be curious to see how ordinary Americans would live." Others think Mr Trump would increase the odds of a war. The world will “never be at peace" with him around, reckons another netizen.

26.02 / 05:25

markets UPS Provident Trade testing Asian stocks Asian stocks dip as tech rally cools; Japan scales new peaks

Investing.com-- Most Asian stocks retreated on Monday as persistent concerns over higher-for-longer interest rates sparked some profit-taking in technology stocks, while Japanese markets scaled new record peaks ahead of key inflation data.

26.02 / 03:29

markets UPS Apple Barcelona President Xiaomi International Xiaomi bets big on its new electric vehicle — targets 20 million premium users

BEIJING – Chinese smartphone company Xiaomi believes it's identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market.

26.02 / 02:16

markets Reuters security Trade War information Oil extends losses in early Asian trade

By Colleen Howe

24.02 / 06:25

Provident Target security Enterprise show information reports Chinese hackers have stolen 100 GB of immigration data from India, leaked papers show

hacking group has exposed extensive cyber intrusions conducted by Beijing's intelligence and military entities against foreign governments, companies, and infrastructure. According to a report by The Washington Post, the leaked cache, comprising over 570 files, images, and chat logs, provides a rare insight into the operations of a firm hired by Chinese government agencies for on-demand, mass data-collecting operations. The files, posted on GitHub last week, reveal contracts spanning eight years aimed at extracting foreign data. The targets include at least 20 foreign governments and territories, such as India, Hong Kong, Thailand, South Korea, the United Kingdom, Taiwan, and Malaysia.

24.02 / 05:07

markets UPS economy Enterprise wellness Trade performer Mantra China stock traders’ new mantra is enjoy the rally while it lasts

Chinese stocks from world’s worst to best performers is stoking cautious optimism that the rally will continue as long as favorable market policies remain in place. Rarely has a week gone by in 2024 without Beijing unleashing new measures to buttress the market or the economy. That policy resolve has pushed an index of Chinese shares listed in Hong Kong up more than 10% this month, topping the 90-strong list of major global equity gauges. The CSI 300 Index of onshore shares has risen for nine days, its longest winning run since 2018.

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