Latest News for: Beijing business


Beijing's 'two zones' initiative makes remarkable progress in 3 years 28 Sep 2023
Three years since the launch of Beijing's "two zones" initiative — the pilot free trade zone and the national comprehensive demonstration zone aimed at expanding the opening-up of the service sector — the city has made significant progress in global openness.

Pop Mart banks on its first global theme park in Beijing for growth

China Daily 28 Sep 2023
Pop Mart International Group, a Beijing-headquartered character-focused entertainment company and toymaker, opened its first theme park ever, in Beijing on Tuesday as it seeks its next growth driver and expands its business categories ... "The park is a major milestone for our business," Wang said.

China's 'most favored nation' status cost Erie jobs, Rep. Mike Kelly can help US fix it

GoErie 28 Sep 2023
Why did the United States grant MFN to China in the first place? At the time, President Bill Clinton promised that opening up trade with Beijing would advance America's "economic interests" and "move China in the right direction." ... manufacturers out of business ... However, Beijing continues to engage in what the U.S.

Hunter Biden received $250k Chinese wire transfer sent to Joe Biden’s home address

The Daily Telegraph Australia 28 Sep 2023
... in 2019 through wire transfers from Beijing addressed to his father's Delaware home. Bombshell evidence revealed Hunter Biden allegedly received over $US250,000 in wire transfers from Chinese business partners in Beijing during the summer of 2019.

On GOP debate stage, a sometimes oversimplified view of China’s economy

CNN 28 Sep 2023
When Treasury Secretary Janet Yellen made the trek to Beijing in July, she said the world was big enough for the US and China to thrive ... But there are plenty of US businesses that disagree with him ... Tim Cook, CEO of Apple (AAPL), nodded to how deep the multi-trillion-dollar company’s roots run in Beijing.

EU should reduce its reliance on China trade

Taipei Times 28 Sep 2023
EU officials decided to confront China directly, indicating that Beijing could either collaborate or go its own way ... The EU described how European corporations were not satisfied with China’s lack of fair competition and its politicized business climate.

Former IBM services outfit Kyndryl said to be mulling China split

The Register 28 Sep 2023
There's no denying geopolitics is making it hard for multinationals in Beijing IBM services spinoff Kyndryl is reportedly preparing to separate its China-based business in the face of ongoing geopolitical tensions between Beijing and Washington ... .

HSBC poised to swoop for Citi’s China consumer wealth management business

Business Day 28 Sep 2023
However, HSBC chair Mark Tucker told Beijing officials during a visit in July that an “ice-breaking” spirit adopted by British businesses historically would help the UK and China overcome challenges and geopolitical tensions, a bank statement said ... In August, it completed the sale and migration of its Taiwan consumer businesses.

Evergrande bosses under house arrest in China

The Times/The Sunday Times 28 Sep 2023
After months of attempting to oversee a restructuring of the company and prevent a bursting property bubble from spreading to other businesses and through the economy, Beijing has rounded up a number of senior executives.Sponsored ... GETTY IMAGES ... Both had already resigned ... Related articles ... .

Evergrande shares suspended after bosses put under house arrest in China

The Times/The Sunday Times 28 Sep 2023
After months of attempting to oversee a restructuring of the company and prevent a bursting property bubble from spreading to other businesses and through the economy, Beijing has rounded up a number of senior executives.Sponsored ... GETTY IMAGES ... Both had already. Related articles ... Alex Ralph ... .

US presidential elections: Here are the key takeaways from the second Republican debate

Gulf News 28 Sep 2023
Washington ... Tough on Beijing ... The Biden administration has struggled to lower tensions with China, with Republicans arguing that Democratic policy is too lenient toward Beijing. Ramaswamy asserted that he has credibility to deal sternly with China because, as a business leader, he made the call to get out when other US businesses were expanding there.

Rituals Cosmetics opens inaugural store in Shanghai

China Daily 28 Sep 2023
... value, sustainability and innovative business practices, said Raymond Cloosterman, Rituals’ founder and CEO ... The use of fragrances has emerged as a potent means of fulfilling these aspirations," said Guo Xin, a marketing professor at Beijing Technology and Business University.

All the jaw-dropping evidence that GOP will use against Joe Biden ahead of the first ...

The Daily Mail 28 Sep 2023
President Joe Biden faces an impeachment vote over his alleged ties to his son Hunter's business dealings – many of which have been uncovered by ... Joe had dozens of meetings with Hunter's consultancy partner Schwerin, Hunter's venture partner Cooper, and met his Chinese business partner Li during a 2013 trip to Beijing.

China shies away from confrontation with Europe over EV probe

Detroit news 27 Sep 2023
As Europe's top trade chief headed to Beijing this month shortly after announcing a probe into China's electric vehicle subsidies, some in the bloc braced for fiery criticism and any hint of retaliation ... China has hosted four cabinet-level White House officials in Beijing in recent months, and reestablished working groups with the U.S.

Beijing’s demographic crisis means China could get old before it gets rich

Taipei Times 27 Sep 2023
Her mother is putting pressure on her to get married and “have a stable life,” but with a busy job at a tech company in Beijing — while also completing a master’s degree in law — she hardly has the time to think about starting a family ... An elderly man last month sits beside tombs at a cemetery in Beijing, China.

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Nadine Menendez, leaves federal court with Sen. Bob Menendez, Wednesday, Sept. 27, 2023, in New York. Menendez and his wife pled not guilty to federal charges alleging he used his powerful post to secretly advance Egyptian interests and carry out favors for local businessmen in exchange for bribes of cash and gold bars.
AP / Jeenah Moon
President Joe Biden participates in a roundtable with CEOs and Governors in support of the Bipartisan Innovation Act, Wednesday, March 9, 2022, in the South Court Auditorium in the Eisenhower Executive Office Building at the White House.
White House / Adam Schultz
EU Ministers of General Affairs meet on 13 December 2022 in Brussels. The meeting is chaired by Mikuláš BEK, Minister for European Affairs of the Czech Republic. The Council agrees a general approach on the regulation on the transparency and targeting of political advertising; and continue preparations for the European Council meeting on 15 December 2022.
European Union
In this photo released by Azerbaijan's border guard service on Wednesday, Sept. 27, 2023, Azerbaijan's border guard officers pose with detained Ruben Vardanyan, center, in Nagorno-Karabakh. Azerbaijan says it has detained the former head of Nagorno-Karabakh's separatist government as he tried to cross into Armenia following Azerbaijan's 24-hour blitz last week to reclaim control of the enclave. The arrest of Ruben Vardanyan was announced by Azerbaijan's border guard service.
AP / Azerbaijan's border guard service via AP