Latest Beijing News

Biden and Xi will meet in Peru as US-China relations tested again by Trump's return

Nov. 13, 2024 15:06 PM EST

WASHINGTON (AP) — President Joe Biden will hold talks Saturday with China's Xi Jinping on the sidelines of an international summit in Peru, a face-to-face meeting that comes as Beijing braces for Donald Trump's return to the White House. White House National...

Phoenix New Media: Q3 Earnings Snapshot

Nov. 13, 2024 05:11 AM EST

BEIJING (AP) — BEIJING (AP) — Phoenix New Media Ltd. (FENG) on Tuesday reported a loss of $2.6 million in its third quarter. On a per-share basis, the Beijing-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs and stock option expense, came to...

Sohu.com: Q3 Earnings Snapshot

Nov. 12, 2024 05:17 AM EST

BEIJING (AP) — BEIJING (AP) — Sohu.com Limited (SOHU) on Tuesday reported a loss of $16.3 million in its third quarter. On a per-share basis, the Beijing-based company said it had a loss of 52 cents. Losses, adjusted for non-recurring costs and stock option expense, were 39 cents...

A look at the research revealing China's work on prototype nuclear reactor to power aircraft carrier

Nov. 11, 2024 22:02 PM EST

BANGKOK (AP) — China has built a land-based prototype nuclear reactor for a large surface warship, in the clearest sign yet Beijing is advancing toward producing the country’s first nuclear-powered aircraft carrier, according to a new analysis of satellite imagery and Chinese government...

Singles' Day shopping festival loses its shine under China's lagging economy

Nov. 11, 2024 08:28 AM EST

HONG KONG (AP) — Businesses and consumers in China found the annual Singles' Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform Alibaba started the now-famous...

Indonesia's new leader calls for collaboration with China before heading to the US

Nov. 10, 2024 03:58 AM EST

BEIJING (AP) — Indonesia's new leader called for collaboration rather than confrontation with China after the signing of $10 billion in new deals at a business forum on Sunday in the Chinese capital before heading to the U.S. President Prabowo Subianto told the forum that his...

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Nov. 08, 2024 17:57 PM EST

NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average...

Italian President Mattarella meets Chinese leader Xi in Beijing amid complex ties

Nov. 08, 2024 08:10 AM EST

BEIJING (AP) — Italian President Sergio Mattarella met with Chinese leader Xi Jinping Friday on an official visit to China that came as Russia’s full-on invasion of Ukraine pitted Rome's NATO allies against Beijing's support for Moscow. The two exchanged greetings following a...

China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

Nov. 04, 2024 13:35 PM EST

GENEVA (AP) — China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO said Monday it “strongly opposes” the...

US, Germany and France urge China to free a human rights lawyer and his wife accused of subversion

Nov. 01, 2024 06:55 AM EDT

BEIJING (AP) — The United States, Germany and France have called for the release of a Chinese human rights lawyer and his wife who were sentenced to prison this week for alleged subversion. On Tuesday, a court in Suzhou sentenced lawyer Yu Wensheng to three years' detention and his...