Latest Beijing News
China has expanded its nuclear force and strengthened ties to Russia, the Pentagon says
WASHINGTON (AP) — China is expanding its nuclear force, has increased military pressure against Taiwan and has strengthened its ties with Russia over the past year, according to a Pentagon report Wednesday that details actions accelerating key areas of conflict with the United States. ...
Xi visits casino hub Macao to mark 25 years of its return to Chinese rule
MACAO (AP) — Chinese President Xi Jinping on Wednesday began a three-day visit to Macao to mark the 25th anniversary of the casino city’s return to Chinese rule. Xi and his wife, Peng Liyuan, were welcomed at the airport by a lavish ceremony with lion and dragon dances. Xi told...
China retail sales slow as consumers hold back, while home prices fall
BANGKOK (AP) — Chinese retail sales slowed in November and housing prices fell, the government said Monday, with demand still lackluster despite a flurry of stimulus measures over the past few months. The report came just a few days after top leaders ended an annual planning...
Yirendai: Q3 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — Yirendai Ltd. (YRD) on Wednesday reported net income of $50.7 million in its third quarter. On a per-share basis, the Beijing-based company said it had net income of 58 cents. The online consumer finance marketplace posted revenue of...
China signals it's prepared to double down on support for the economy as Trump tariffs loom
BANGKOK (AP) — Chinese leaders met this week to plot economic policy for the coming year, sketching out plans to raise government spending and relax Beijing’s monetary policy to encourage more investment and consumer spending. Leaders of the ruling Communist Party wrapped up...
Defending Olympic moguls champion Jakara Anthony injured and returning home to Australia
SYDNEY (AP) — Beijing Olympics champion Jakara Anthony will miss the next World Cup moguls event in Georgia after she underwent surgery on a broken collarbone, her manager said Friday. The Australian skier had made a solid start to the season, finishing second in Ruka, Finland...
Trump extends unprecedented invites to China's Xi and other world leaders for his inauguration
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month — an unorthodox move that would fold U.S. allies and adversaries into a very American political tradition. Trump said Thursday...
Stock market today: Wall Street’s rally stalls as Nasdaq pulls back from its record
NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially discouraging data on the economy. The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its best years of the...
China's Xi is likely to decline Trump's inauguration invitation, seeing it as too risky to attend
WASHINGTON (AP) — Chinese leader Xi Jinping would likely see President-elect Donald Trump’s invitation to attend his inauguration as too risky to accept, and the gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White House changes...
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
BANGKOK (AP) — Chinese leaders wrapped up a two-day planning meeting in Beijing on Thursday with pledges to take a more proactive approach in pepping up the world's second-largest economy, but gave no details on new stimulus measures. A state-run CCTV report on the annual meeting...
