Latest News for: Beijing business

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Soho China Reports More Vacant Offices in Beijing and Shanghai

Caixin Online 18 Aug 2022
China’s leading office builder Soho China reported a rise in vacancy rates in its major office projects in Beijing and Shanghai during the first half this year, reflecting the impact of Covid outbreaks on the commercial property market ... Soho China operates eight commercial complexes in major business areas in Beijing and Shanghai — four in each one.
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China Calls on US to Stop Official Contacts With Taiwan - Foreign Ministry

Urdu Point 18 Aug 2022
BEIJING (UrduPoint News / Sputnik - 18th August, 2022) China is demanding that the United States stop any official contacts with Taiwan, as well as negotiations on official trade and economic agreements, and is ready to take decisive measures to protect its sovereignty, Chinese Foreign Ministry spokesman Wang Wenbin said on Thursday.
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US to hold trade talks with Taiwan, island drills military

The Roanoke Times 18 Aug 2022
government will hold trade talks with Taiwan in a sign of support for the island democracy that China claims as its own territory, prompting Beijing to warn Thursday it will take action if necessary to “safeguard its sovereignty.”. The announcement of trade talks comes after Beijing fired missiles into the sea to intimidate Taiwan after U.S.
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Chinese government launches 'Belt and Road' warehouse in Surrey

Castanet 18 Aug 2022
The business park, first conceived in Beijing, was to have four warehouses and two large exhibition halls — to be lined with Chinese and Canadian flags, although the final version appears to have been altered and is without flags and with the new name ... The business park is ...
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Hong Kong political activists plead guilty amid crackdown

The Roanoke Times 18 Aug 2022
HONG KONG (AP) — Authorities in Chinese-controlled Hong Kong say 29 out of 47 pro-democracy activists charged with “conspiracy to commit subversion” under a tough National Security Law entered guilty pleas on Thursday, as the Beijing government seeks to further silence opposition voices in the regional financial hub ... Business Intel.
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PetroChina mulls spinning off unit

Hong Kong Standard 18 Aug 2022
PetroChina (0857) is mulling to spin off its marketing and trading business while China Tourism Group Duty Free plans to ... A surge in oil prices earlier this year prompted the Beijing-based firm to consider monetizing the business, the people said.
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Nations benefit from China's help on a number of fronts

China Daily 18 Aug 2022
In a congratulatory letter to the Forum on the 20th Anniversary of Juncao Assistance and Sustainable Development Cooperation, held in Beijing last year, Xi said, "I have long cared about international cooperation on Juncao technology." ... with Beijing in all areas, Xinhua reported.
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China’s first publicly traded rental property REITs snapped up by investors

FX Empire 18 Aug 2022
The rental property REIT launches come as Beijing steps up efforts to aid the real estate business, a sector that was a pillar of growth in the world’s second-biggest economy over the last two decades but is now reeling amid debt piles, mortgage boycotts and sluggish sales.
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China's first publicly traded rental property REITs snapped up by investors

Reuters 18 Aug 2022
The rental property REIT launches come as Beijing steps up efforts to aid the real estate business, a sector that was a pillar of growth in the world's second-biggest economy over the last two decades but is now reeling amid debt piles, mortgage boycotts and sluggish sales.Register now for FREE unlimited access to Reuters.com.
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US Boosting Domestic Solar Industry, Reducing Reliance on China

Beijing News 18 Aug 2022
Beijing dismissed the concerns and accused the U.S. of thinly veiled protectionism that will harm Chinese businesses ... accuses Beijing of forced labor practices among its Uyghur minority in the Xinjiang region, which China has denied, saying its employment programs have helped improve the financial situation for Uyghurs.
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Good reasons why we should fear China

Mail Guardian South Africa 18 Aug 2022
What do South Africa’s neo-Maoists think of the city’s elections, where the “chief executive” is chosen by a committee representing professional and business interests, rather than the citizenry? Of Beijing’s ruling that only “patriots who respect the Chinese Communist Party” may ...
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Stocks end higher on Wall Street after more choppy trading

The Los Angeles Times 18 Aug 2022
Business Southern California home prices slipped in July ... Investors remain concerned about stubbornly hot inflation and its effects on consumers and businesses ... Business ... Business Column ... Business Retail sales were flat in July as inflation takes a toll ... Latest Business. Business Stocks slip on Wall Street, erasing weekly gains for S&P 500.
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'I want freedom': One man's escape from zero-Covid China to seek his American dream

Henry Herald 18 Aug 2022
Under Xi, the ruling Communist Party has touted its political model as superior to Western democracies, citing Beijing's ability to swiftly stamp out Covid outbreaks as further proof that China is rising and the US is in decline ... Wang's business was hit hard by the restrictions.
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Global stocks lower after Fed says US inflation too high

SCNOW Morning News 18 Aug 2022
By JOE McDONALD - AP Business Writer. BEIJING (AP) — Global stock markets and Wall Street futures mostly declined Thursday after the Federal Reserve said U.S. inflation is too high despite aggressive rate hikes, suggesting support for more increases. London, Shanghai, Tokyo and Hong Kong declined. Frankfurt opened higher. Oil prices edged up ... The U.S.
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The first Beijing-Shijiazhuang-Europe freight train departs

ECNS 17 Aug 2022
An acheivement that facilitates more suitable business logistics for railway transport transited from Beijing to Hebei province, deemed Liu Jinpeng, general manager of the Shijiazhuang International Land Port, adding the freight train is helpful to the coordinated development of commercial logistics between Beijing and Hebei.

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