City Beijing Financial News

25.01 / 06:43

markets UPS Citi Gap economy reports China is ramping up stimulus to boost market confidence — but is it enough?

BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the central bank's easing announcements on Wednesday.

25.01 / 04:11

UPS Citi Election Universities War show How China’s public views Taiwan’s elections

Lai Ching-te. Mr Lai’s win marks the third presidential term in a row for the Democratic Progressive Party (DPP), which emphasises Taiwan’s separate, democratic identity. Yet since that victory, mainland propaganda outlets have downplayed its significance and played up the DPP’s poor showing in parliamentary elections held the same day.

25.01 / 00:41

Provident Remark country China widens commercial property loan uses to ease liquidity

BEIJING (Reuters) — China on Wednesday said it is widening the uses for commercial property lending by banks in its latest effort to ease a liquidity crunch facing troubled real estate firms.

24.01 / 23:26

COST EBAY Google Platform TikTok Videos A look at some of the companies in the technology sector that have recently made layoffs

Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce

24.01 / 23:25

markets economy pandemic concert reports shock reserves China moves to spur its slowing economy and boost markets by cutting required bank reserves

China's central bank plans to reduce the ratio of reserves banks must keep on hold as part of a slew of measures to support its slowing economy

24.01 / 23:25

Target security Trade War country International China says it's working to de-escalate tensions in the Red Sea

China, the world's biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal

24.01 / 22:01

markets UPS Action Trade blues reports Marketmind: China optimism spreads, S Korea GDP in focus

By Jamie McGeever

24.01 / 12:35

Cooper Aware Research President track country reports Mint Explainer: Why India’s antsy about a Chinese ship heading to the Maldives

Mint breaks down why India is unhappy with the Chinese vessel making its way through the Indian Ocean to the Maldives. On Monday, news surfaced that a Chinese research vessel, Xiang Yang Hong 3, will be visiting the Maldives in the coming weeks. The vessel had earlier requested permission to visit Sri Lanka but this was denied.

24.01 / 09:47

markets Target Citizens economy show country Analysis-China's attempts to lift confidence in economy fall flat

By Joe Cash

24.01 / 09:47

markets UPS economy Enterprise 2020 reports Hong Kong stocks bounce after PBOC announces rate RRR cut, China up

By Summer Zhen

24.01 / 07:55

markets UPS economy Trade information Department Oil prices wobble amid weak demand, sturdy dollar

By Colleen Howe and Muyu Xu

24.01 / 06:53

markets Manufacturing CEO Mobile Trade reports Schools dutch Dutch tech firm ASML says profits, sales jump in 2023

ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West. Net profits came in at 7.8 billion euros ($8.5 billion) for 2023, the firm said in its annual results statement, compared to 5.6 billion euros the previous year.

24.01 / 05:21

COST UPS Citi Tesla country Features China’s EV players ramp up competition with Tesla using new tech

BEIJING — Hot competition in China's electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn't yet offer in the country — and sometimes at lower prices.

24.01 / 04:45

COST Provident Platform ByteDance TikTok social Videos TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year

TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year

24.01 / 02:47

Reuters Cooper Manufacturing Trade reports Interviews Investigations China says EU's 'unfair' EV subsidies probe risks damaging ties

China's ambassador to the European Union called the EU's probe into Chinese electric vehicle manufacturers over state subsidies «unfair», Fu Cong told Bloomberg News in an interview. Cong told Bloomberg that China is cooperating with the EU's probe «because we do want to avoid a situation that the two sides will have to resort to trade measures against each other».

23.01 / 17:55

Action Food reports testing rights Videos Filipino fisherman to China's coast guard on disputed shoal: `This is Philippine territory. Go away'

A Filipino fishing boat captain is protesting the Chinese coast guard’s aggression in the disputed South China Sea where he asserts that Chinese officers forcibly drove him and his men away from a disputed shoal

23.01 / 11:27

CBDC China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai

China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai.

23.01 / 02:53

markets UPS Citi Sustainability Research trends China's residential foreclosures increase 43% in 2023

China rose 43% year-on-year in 2023, according to a private survey on Monday, highlighting a worrying trend of rising mortgage delinquencies amid a sustained property market slump and a patchy economic recovery. The number of foreclosed homes up for auction stood at 389,000 units last year, said China Index Academy, a major independent real estate research firm. A total of 99,000 units worth a combined 150 billion yuan ($20.84 billion) were successfully sold at auctions, the firm said.

23.01 / 02:53

UPS security President War Interviews Relationships China says may retaliate against US's 'hegemonic' chip war

European Union can avoid getting swept up into China’s response to US chip-equipment curbs, Beijing’s ambassador in The Hague said in an interview with a Dutch newspaper. “If the Americans treat us in a hegemonic manner, we will of course respond,” said Tan Jian, Chinese ambassador to the Netherlands, in an interview with NRC published Sunday. “But our relationship with the EU should not be affected.”

22.01 / 12:53

markets FIVE Reuters economy trends country reports Support China pledges to take more forceful measures to support market confidence

BEIJING (Reuters) — China will take more forceful and effective measures to support market confidence, state media CCTV reported on Monday, citing a cabinet meeting, following a plunge in Chinese shares.

21.01 / 08:25

security President Destiny War country International NOT Maldives refreshes China ties but that’s not all why India must tread carefully

As the world devolves from the unipolar world led by the US in the immediate aftermath of the end of the Cold War to an international order more in flux–not yet multipolar and not quite bipolar either–small states are gaining outsize ability to shape their own destinies. Long used to being ignored, many small countries are increasingly capable of playing rival states against each other and expanding their diplomatic space. Maldives is a classic case in point.

what's happening in city Beijing

What is the current situation in city Beijing?

In city Beijing, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about city Beijing?

We publish reliable reports about the situation in city Beijing, based on information from regional journalists.

What shapes the media agenda in city Beijing?

The news landscape of city Beijing is shaped by major cultural and social events, reflecting its local way of life.