Latest Beijing News

China rejects 'unfounded hype' after GE spying accusation

Apr. 24, 2019 7:39 AM EDT

BEIJING (AP) — China's government on Wednesday rejected accusations that it steals technology after a former General Electric Co. engineer and his Chinese business partner were indicted on charges of industrial spying. The charges announced Tuesday come amid a tariff war between Beijing and Washington over...

World stocks subdued as Wall Street eyes new record highs

Apr. 24, 2019 7:31 AM EDT

BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close. The FTSE 100 in Britain lost 0.3% to 7,502 while the CAC 40 in France was flat at 5,590. The DAX in Germany gained...

Hong Kong sentences leaders of 2014 democracy protests

Apr. 24, 2019 6:46 AM EDT

HONG KONG (AP) — A court in Hong Kong handed down prison sentences of up to 16 months Wednesday to eight leaders of massive 2014 pro-democracy protests on public nuisance offenses. The sentences are seen as an effort by the government of the semi-autonomous Chinese territory to draw a line under the...

Beijing celebration of building binge overshadowed by debt

Apr. 24, 2019 6:15 AM EDT

BEIJING (AP) — A conference this week showcasing a Chinese initiative to help build ports, railways and other infrastructure in the developing world is casting a spotlight on complaints the projects leave some countries with too much debt. Asian and African leaders plan to press for relief from politically...

China tells US to avoid 'wrong moves' over Iran oil controls

Apr. 24, 2019 5:06 AM EDT

BEIJING (AP) — China has told Washington to avoid "wrong moves" that hurt Chinese interests following a U.S. threat to impose sanctions on buyers of Iranian oil. A foreign ministry spokesman, Geng Shuang, said Wednesday that Beijing opposes the Trump administration's "unilateral sanctions and so-called...

Key moments in Kim Jong Un's diplomatic charm offensive

Apr. 24, 2019 2:04 AM EDT

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un's summit with Russian President Vladimir Putin this week expands a diplomatic charm offensive that has included meetings with leaders from China, South Korea and the United States. Some key moments: Jan. 1, 2018: In his New Year's address, Kim calls...

Asian markets lower after S&P 500, Nasdaq hit record highs

Apr. 24, 2019 1:09 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index...

North Korea's Kim will go into Putin summit needing a win

Apr. 23, 2019 10:36 PM EDT

TOKYO (AP) — When North Korean leader Kim Jong Un meets with Russian President Vladimir Putin for their first one-on-one meeting, he will have a long wish list and a strong desire to notch a win after the failure of his second summit with President Donald Trump. But it's not entirely clear how much Putin...

Meeting with North Korean leader gives Putin more leverage

Apr. 23, 2019 10:09 PM EDT

MOSCOW (AP) — For Russian President Vladimir Putin, a meeting with North Korean leader Kim Jong Un offers a chance to raise Moscow's clout in the region and gain more leverage with Washington. While Russia's ability to influence Kim's position is limited compared to that of China, a dialogue with Kim could...

White House announces more trade talks with China

Apr. 23, 2019 9:29 PM EDT

WASHINGTON (AP) — The White House says a U.S. delegation will travel to Beijing next week to continue trade negotiations, and a Chinese delegation will return to Washington for additional talks starting May 8. President Donald Trump has slapped tariffs on $250 billion in Chinese imports in a dispute over...