Latest Beijing News

Chinese national charged with acting as Beijing's agent in local California election

Dec. 20, 2024 10:18 AM EST

WASHINGTON (AP) — A Chinese national was arrested Thursday on charges of acting as an illegal agent for Beijing when serving as the campaign manager for an unnamed politician elected to a city council in Southern California two years ago. The arrest of Yaoning “Mike” Sun, 64,...

Malaysia agrees to resume 'no find, no fee' hunt for flight MH370, 10 years after plane disappeared

Dec. 20, 2024 06:28 AM EST

KUALA LUMPUR, Malaysia (AP) — Malaysia's government has agreed in principle to accept a second “no find, no fee” proposal from a U.S. company to renew the hunt for flight MH370, which is believed to have crashed in the southern Indian Ocean more than 10 years ago, Transport Minister Anthony...

China's Xi swears in new leader of casino hub Macao, telling the city to diversify economy

Dec. 20, 2024 06:26 AM EST

MACAO (AP) — Chinese President Xi Jinping urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony's new government on Friday at an event marking the 25th anniversary of its handover to China. New Chief Executive Sam Hou Fai — Macao’s...

Macao's casino boom brings wealth but at a cost, 25 years since China's takeover

Dec. 18, 2024 23:20 PM EST

MACAO (AP) — When Portugal returned its colony Macao to China in 1999, coffee shop owner Daniel Chao was a first grader living in a different world. Since then his sleepy hometown has transformed into a bustling gaming hub lined with glittering casinos. Its once quiet streets are...

China has expanded its nuclear force and strengthened ties to Russia, the Pentagon says

Dec. 18, 2024 17:40 PM EST

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

Dec. 18, 2024 06:25 AM EST

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

Dec. 16, 2024 03:06 AM EST

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

Dec. 15, 2024 10:38 AM EST

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

Dec. 13, 2024 05:31 AM EST

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

Dec. 13, 2024 02:28 AM EST

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...