City Beijing Financial News

Joe Biden's campaign is embracing TikTok to court younger voters ahead of the presidential elections, but U.S. adults have mixed views about whether the video-sharing app should even operate in the country. A new poll by The Associated Press and NORC Center for Public Affairs Research finds a three-way split when it comes to banning the app, with 31% of U.S. adults saying they would favor a nationwide ban on TikTok use, while 35% say they would oppose that type of action. An additional 31% of adults say they neither favor nor oppose a ban on the social media platform, which is owned by Beijing-based ByteDance. Among those who use TikTok at least daily, a national ban would likely be highly unpopular: 73% say they oppose it.

BEIJING (Reuters) — Chinese foreign minister Wang Yi warned the West that it would be making a historical mistake if it sought to decouple from China in the interests of reducing risk.

Wang Yi said China will be a «force for stability» in the world during a speech on Saturday at a major security conference in Germany. «No matter the changes in the international situation, China as a responsible major country will always maintain the continuity and stability of its major policies and resolutely stay a force for stability in a turbulent world,» Wang said.

President Joe Biden’s campaign is embracing TikTok to court younger voters ahead of the presidential elections, but U.S. adults have mixed views about whether the video-sharing app should even operate in the country

Bhutan's Prime Minister Tshering Tobgay is keen on visiting India following New Delhi's invitation to discuss new areas of cooperation, including connectivity and business, ET has learnt. Tobgay is no stranger to India and he has been invited following his re-election as Bhutan's PM. India had started engaging with the new Bhutanese government as soon as it was elected, with foreign secretary Vinay Kwatra meeting Tobgay on the first day of his second term last month. Tobgay is also keen to host Prime Minister Narendra Modi, it is learnt. Kwatra was on a three-day visit to Thimphu to engage with the new government to discuss new initiatives, including Bhutan's next five-year plan, fresh development support from the Indian government, and energy partnership and cross-border connectivity initiatives. New Delhi has stepped up engagements with Thimphu, a move seen as counterbalancing China's growing inroads in Bhutan, and has been observing the trajectory of ties, particularly the boundary talks. The territorial dispute between Bhutan and China covers an area of about 764 sq km--269 sq km in western and 495 sq km in north-central Bhutan. New Delhi is concerned over China's claim over areas in the vicinity of Doklam in western Bhutan. In return, Beijing wants to narrow or give up its territorial claims in the north-central region of Bhutan. Thimphu has assured New Delhi that it will not undermine India's interests while negotiating a boundary treaty with Beijing.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Investing.com-- Hong Kong’s Hang Seng index shot up on Friday as traders piled into China-exposed stocks before the reopening of mainland markets after a week-long holiday next week.

European Union (EU) has put forward new trade restrictions targeting approximately two dozen companies, including one from India and three from China, accused of backing Russia's war in Ukraine, as per a Bloomberg report. The listed companies, mainly involved in technology and electronics, are accused of contributing to Russia's military and technological capabilities. The document highlights their alleged role in advancing Russia's defence and security sector.

Lionel Messi vs. Kylian Mbappé showdown on a global soccer stage to follow their epic World Cup final in 2022. The men’s soccer tournament at the Paris Olympics starts July 24 and Argentina has now joined host France in the 16-nation lineup. After Argentina earned its Olympic place late Sunday, beating two-time defending champion Brazil, talk turned toward luring Messi to compete for a second gold medal 16 years after his first.

By Aditya Kalra and Munsif Vengattil

There was a big controversy in the science-fiction community last month when it emerged that the 2023 Hugo Awards, decided in October at the world convention in Chengdu, China, had inexplicably disqualified a few prominent entries from the list of nominations.Those quietly dropped included R.F. Kuang’s bestselling Babel and Xiran Jay Zhao’s Iron Widow, prompting suspicion that they might have triggered Beijing’s censorship filters. Even an entry by the legendary Neil Gaiman was disqualified.

By Judy Hua and Kevin Yao

Xiaomi, which has the biggest share in India's smartphone market at 18%, also asks in the letter dated Feb. 6 that India consider offering manufacturing incentives and lowering import tariffs for certain smartphone components. The Chinese company assembles smartphones in India with mostly local components and the rest imported from China and elsewhere.

A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles has threatened to sue the U.S. government after it was included in a list of companies the Pentagon says have links to the Chinese military

Argentina and the Ivory Coast in China has been called off by local authorities, marking the second cancellation of an Argentine match in China this week. The decision comes amidst controversy surrounding Lionel Messi's absence from a match in Hong Kong last Sunday. The Beijing Football Association announced on Saturday that it would not organize the friendly scheduled for March, stating that Beijing currently has no plans to host the match involving Lionel Messi.

Amit Shah as saying in Lok Sabha. “Our leadership displayed resolve and not an inch of India's land was lost," he added. Congress-led Opposition parties have attacked the PM Modi-led Union government on the issue and claimed that Chinese troops have encroached on India's territory.

In August, Ali Bongo, then-president of the Central African nation of Gabon, made a startling revelation to a top White House aide: During a meeting at his presidential palace, Bongo admitted he had secretly promised Chinese leader Xi Jinping that Beijing could station military forces on Gabon’s Atlantic Ocean coast. Alarmed, U.S. principal deputy national security adviser Jon Finer urged Bongo to retract the offer, according to an American national security official.

A former TikTok executive is alleging she was retaliated against and fired from her position because the company’s China-based owners determined she “lacked the docility and meekness” required of female employees

BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to make mobile pay for international visitors even easier, said Zhang Qingsong, deputy governor of the People's Bank of China.

BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid's augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday.

BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts, said Marko Papic, partner and chief strategist at Clocktower Group.