City Beijing Financial News

20.12 / 02:05

Reuters economy Nov show fall Japan's Nov exports fall for first time in three months

TOKYO (Reuters) -Japan's exports in November fell for the first time in three months dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies may deal another blow to the trade-reliant economy as domestic demand slows.

20.12 / 02:02

Reuters Booking Strategy economy China leaves lending benchmark rates unchanged as expected

SHANGHAI/SINGAPORE (Reuters) — China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rate steady earlier last week.

20.12 / 00:22

Provident Digital Enterprise Experts country Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets

Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60.

19.12 / 08:30

Target Manufacturing economy BURST track social 2024 Can China get its economic miracle back on track in 2024?

By Marius Zaharia

19.12 / 05:27

Extreme Manufacturing social Automaker Nissan expands research ties in China as part of bid to regain market share

Nissan Motor Co. is expanding its research ties with a leading Chinese university as it and other foreign car companies try to claw back market share in the important Chinese market

19.12 / 02:27

Waters show country social reports More than 100 dead in earthquake in northwest China

earthquake in a mountainous region in northwestern China, the country's state media reported on Tuesday. The official Xinhua News Agency said that 100 people died in the province of Gansu and another 11 in the neighboring province of Qinghai in the quake, which occurred just before midnight on Monday.

19.12 / 00:59

Waters show country social reports prevention China Earthquake: Over 100 killed, 200 injured after 6.2 magnitude quake hit Gansu-Qinghai border region

magnitude earthquake that occurred just before midnight on Monday in a mountainous region in northwestern China, the country's state media reported today. The official Xinhua News Agency, as quoted by The Associated Press, said that 100 people died in the province of Gansu and another 11 in the neighboring province of Qinghai in the quake. More than 200 people were injured in Gansu and Qinghai provinces, said Xinhua, adding that the quake struck in Gansu's Jishishan county, about 5 kilometers (3 miles) from the provincial boundary with Qinghai.

18.12 / 16:52

Citi Waves BLOCK Extreme Southern Mercury infection Southern China experiences rare snowfall, as extreme winter grips the north

China's south province of Guangdong faced rare snowfall while temperatures in the chilly north dropped to historic lows for the month. Also Read: China detects 7 infections of COVID subvariant JN.1; is this a variant of concern? Here are the details In China's northern areas, the mercury fell to historic lows below zero in northern areas. The extreme weather resulted in blocked roads, rail, and air transport.

18.12 / 14:09

Provident Target economy Enterprise reports 2024 China's economic conditions to improve in 2024 - officials

BEIJING (Reuters) -China's economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing officials of the Chinese Communist Party's finance and economy office.

18.12 / 07:51

Progressive Assurant President 2020 reports Department 2024 Outlook 2024: Modi, Putin, Trump set to dominate global politics in 2024. Key elections to shape future of democracy

Narendra Modi seems certain to extend his rule to 2029; and Donald Trump could return to the White House despite charges of subverting U.S. democracy. For those who worry that authoritarian rulers are firmly in the ascendant over more liberal democrats, there is likely to be much to fret about in 2024.

18.12 / 02:39

Citi Platform reports Taiwan reports more suspected Chinese weather balloons crossing Taiwan Strait

weather balloons flew across the sensitive Taiwan Strait on Sunday but stayed well to the north of Taiwan, the island's defence ministry said on Monday, the second time this month Taipei has reported them nearby. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon, but which China said was a civilian craft that accidentally drifted astray. Taiwan is on high alert for Chinese activities, both military and political, ahead of the Jan. 13 presidential and parliamentary election.

18.12 / 00:51

JPMorgan economy MSCI Experts show 2024 Wall Street's China stock bulls keep hopes alive for 2024

Wall Street, 2023 is a year to forget. Global investment banks turned almost unanimously optimistic on the market around this time last year, only to be confounded by a 14% drop in the MSCI China Index. Now, as policymakers ramp up efforts to arrest a housing slump and extend funding support for the broader economy, hopes are building again that 2024 will be better. But it's a case of once bitten, twice shy. This time around, expectations are much more modest. «It's like we've stood still in time for 12 months.

18.12 / 00:47

Digital Ex-Central Bank Chief Says China ‘Must Lead World’ in CBDC Adoption

The former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.

17.12 / 02:19

Strategy Mobile President Nissan to set up joint EV research with China's Tsinghua University

BEIJING (Reuters) -Nissan Motor said on Sunday it would establish a joint research centre with China's leading Tsinghua University next year, focussing on research and development of electric vehicles (EVs), including charging infrastructure and battery recycling.

15.12 / 13:25

Target Digital Citizens economy Enterprise President NOT China’s growth outlook is not looking good

China’s economic recovery remained beleaguered by weak demand and a lingering property crisis last month, putting more pressure on Beijing to roll out supportive policies to juice growth.

15.12 / 05:49

Digital NetEase country China's video games market recovers in 2023, domestic sales surpass $42.6 billion

China's video games market returned to growth this year as domestic revenue rose 13% to 303 billion yuan ($42.6 billion), putting Beijing's 8-month crackdown two years ago in the rear-view mirror. Industry association CGIGC said at a conference in Guangzhou on Friday the industry's domestic revenue this year reached over 300 billion yuan for the first time. It also said the number of gamers in China grew 0.61% to a record 668 million, which is more than North America's entire population.

15.12 / 05:47

Binance solana Bonk Binance to List Meme Coin BONK Under Seed Tag Section, Price Up 115% in 24 Hours

After Coinbase, Binance has announced to list hyped meme coin BONK under seed tag section. The trading for the Solana-based meme coin will open at 16:00 Beijing time.

15.12 / 05:47

Digital 2024 Russia-China CBDC Payments May Debut in 2024 – Moscow

A top Russian politician says that Moscow and Beijing could begin using their CBDCs – the digital ruble and digital yuan – to make payments as early as 2024.

15.12 / 03:33

economy Nikkei show performer track Support Asian stocks Asian stocks extend post-Fed rally, China data offers some support

Investing.com-- Most Asian stocks rose sharply on Friday, extending recent gains following dovish signals from the Federal Reserve, while some positive economic readings from China also aided sentiment.

15.12 / 03:21

Target Manufacturing economy Nov show country surges Chinese industrial production surges in Nov, other data disappoints

Investing.com-- Chinese industrial production grew more than expected in November, indicating that manufacturing output remained steady even as local and overseas demand continued to trend lower.

15.12 / 02:13

Citi Reuters economy Nov show stage fall China's Nov new home prices fall for fifth straight month

BEIJING (Reuters) -China's new home prices fell for the fifth straight month in November, official data showed on Friday, as the sector still struggles to elbow its way out of a weak market in the face of dampened confidence in demand and investment.

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