Latest Beijing News

Taiwan's new president inherits a strong foreign policy position but political gridlock at home

May. 19, 2024 05:54 AM EDT

TAIPEI, Taiwan (AP) — In a campaign ad for Taiwan’s President-elect Lai Ching-te, incumbent President Tsai Ing-wen was shown driving with Lai in the passenger seat, exchanging reflections on their years governing together. Tsai later turned over the driving to Lai, who was joined by running...

Taiwan is selling more to the US than China in major shift away from Beijing

May. 17, 2024 00:15 AM EDT

WASHINGTON (AP) — Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to take the democratically ruled island by force if necessary. That has translated to the world’s biggest...

Stock market today: Asian shares retreat after Wall St edges back from records

May. 16, 2024 23:44 PM EDT

Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after...

AP Week in Pictures: Asia

May. 16, 2024 22:53 PM EDT

May 10-16, 2024 Russian President Vladimir Putin met with Chinese President Xi Jinping in Beijing during his two-day state visit to one of his strongest allies and trading partners. Flash flooding and torrents of cold lava and mud flowing down a volcano’s slopes on Indonesia’s...

Hollysys Automation: Fiscal Q3 Earnings Snapshot

May. 16, 2024 17:12 PM EDT

BEIJING (AP) — BEIJING (AP) — Hollysys Automation Technologies Ltd. (HOLI) on Thursday reported net income of $3.9 million in its fiscal third quarter. On a per-share basis, the Beijing-based company said it had profit of 6 cents. Earnings, adjusted for amortization costs, came...

Baidu Inc.: Q1 Earnings Snapshot

May. 16, 2024 05:18 AM EDT

BEIJING (AP) — BEIJING (AP) — Baidu Inc. (BIDU) on Thursday reported first-quarter net income of $755 million. On a per-share basis, the Beijing-based company said it had profit of $2.07. Earnings, adjusted for stock option expense and non-recurring costs, were $2.76 per share. ...

China and Cambodia begin 15-day military exercises as questions grow about Beijing's influence

May. 16, 2024 05:04 AM EDT

SVAY CHOK, Cambodia (AP) — Cambodia and China began 15-day military exercises on Thursday as questions grow about Beijing's increasing influence in the Southeast Asian nation. About 1,315 Cambodian military personnel and 760 Chinese are participating in the regular “Golden...

What to know about Vladimir Putin's visit to China

May. 15, 2024 23:22 PM EDT

Russian President Vladimir Putin's visit to China starting Thursday underlines an increasingly close partnership between the two allies who oppose the U.S.-led democratic order. China, led by President Xi Jinping, has offered robust diplomatic support to Moscow after its invasion of...

In first AI dialogue, US cites 'misuse' of AI by China, Beijing protests Washington's restrictions

May. 15, 2024 16:57 PM EDT

GENEVA (AP) — U.S. officials raised concerns about China's “misuse of AI” while Beijing's representatives rebuked Washington over "restrictions and pressure" on artificial intelligence, the governments said separately Wednesday, a day after a meeting in Geneva on the technology. ...

Chinese coast guard shadows Filipino activists sailing toward disputed shoal

May. 15, 2024 10:41 AM EDT

MANILA, Philippines (AP) — Chinese coast guard ships shadowed a group of Filipino activists and fishermen sailing on wooden boats toward a disputed shoal in the South China Sea which Beijing has fiercely guarded from what it regards as intruders. The Philippine coast guard deployed...