Business News Beijing

  • SHANGHAI, June 20- Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday. China and the United States earlier this week said they were reviving talks ahead of a meeting next week...

  • NEW YORK/ LOS ANGELES, June 19- Union Pacific Corp's chief executive said another round of tariffs on Chinese goods could badly hurt his railroad and the U.S. economy, but he feels U.S. CEO Lance Fritz listed trade as one of the reasons the company has taken a more negative tone in its growth outlook. The Omaha, Nebraska- based company's rail network covers 32,000 route...

  • *China says positive outcomes possible for China and U.S. Trade talks between the world's two largest economies broke down more than six weeks ago after U.S. officials accused China of backing away from commitments, prolonging a costly trade dispute that has harmed the global economy and disrupted supply chains. "I think it's in the interests of both China and...

  • June 19- Top executives of at least five U.S. companies are scheduled to meet Chinese Premier Li Keqiang this week, Bloomberg reported on Wednesday, citing people familiar with the matter. The U.S. firms whose chief executive officers would be attending the meeting in Beijing would include Dow Inc, United Parcel Service Inc, Pfizer Inc and Honeywell...

  • "I told some of my Chinese friends that it was a big mistake" because the U.S. and other nations were already nervous about China possibly spying, says the former secretary of State.

  • *China says positive outcomes possible for China and U.S. WASHINGTON/ BEIJING, June 19- The top U.S. trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to confer with a senior Chinese official before next week's G20 summit in Japan where President Donald Trump and Chinese President...

  • *China says positive outcomes possible for China and U.S. WASHINGTON/ BEIJING, June 19- The top U.S. trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to meet with a senior Chinese official ahead of next week's G20 summit in Japan where President Donald Trump and Chinese President...

  • WASHINGTON, June 19- The trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground. Beijing has threatened retaliation after Trump blacklisted Chinese telecom giant Huawei and as the United States prepares to extend tariffs to cover almost all Chinese imports. The United States...

  • WASHINGTON, June 19- The escalating trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground. Beijing has said it would retaliate after President Donald Trump blacklisted Chinese telecom giant Huawei and the United States extended tariffs to cover almost all Chinese imports.

  • "A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals", released earlier this month by the Department of Commerce, includes 61 recommendations, ranging from revamping mine permitting rules to stimulating recycling activities to forging alliances with "friendly" suppliers such as Canada and Australia. But added urgency has come...

  • BEIJING, June 19- A group of Chinese firms have jointly established a rare earths innovation center in the country's Hebei province as part of a plan to develop a manufacturing base in the region, according to the local government hosting the project. The move comes amid speculation that China, the world's dominant rare earths producer, may use its control over...

  • *China says positive outcomes possible in trade talks. The Fed's statement and new economic projections are to be released at 2 p.m. ET, giving investors an idea on how a prolonged U.S.- China trade conflict, President Donald Trump's demands for a rate cut and softer-than-expected economic data have impacted monetary policy thinking. "Expectations remain...

  • The Fed's statement and new economic projections are to be released at 2 p.m. ET, giving investors an idea on how a prolonged U.S.- China trade conflict, President Donald Trump's calls for a rate cut and softer-than-expected economic data have impacted monetary policy. Global financial markets have been fired up by European Central Bank President Mario...

  • PARIS/ SINGAPORE, June 19- Chicago corn fell for a second session on Wednesday, pulling away from a five-year high struck at the start of the week as investors assessed the consequences of a rain-disrupted U.S. planting campaign that was now in its final stages. The most-active corn contract on the Chicago Board Of Trade was down 0.7% at $4.46-3/ 4 a bushel, as of 1103...

  • Gold bars at the Austrian Gold and Silver Separating Plant in Vienna, Austria.

    Gold prices climbed on Wednesday after the U.S. Federal Reserve signaled interest rate cuts were possible later this year, as it responded to increased economic uncertainty and tepid inflation.

  • Chinese President Xi Jinping meets with North Korean leader Kim Jong Un, at Beijing Hotel in China, Jan. 9, 2019.

    President Xi Jinping's visit to North Korea this week will mark the first time in 14 years that a Chinese leader is visiting the reclusive country.

  • LONDON, June 19- Copper prices held near three-week highs on Wednesday on hopes that renewed talks between China and the United States will defuse a trade dispute that investors fear will damage economic growth and metals demand. Worsening confrontation between Washington and Beijing had helped drive copper prices from a high of $6,608.50 in April to a low of...

  • *Carl Zeiss drops as BofA Merrill starts with' underperform'. June 19- European stock markets fell back marginally on Wednesday after posting their best performance in five months a day earlier thanks to a policy speech from European Central Bank chief Mario Draghi that flagged a potential return to bond-buying and lower interest rates. That all followed some...

  • President Donald Trump (L) and Chinese President Xi Jinping walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017.

    More and more American firms are calling for the Trump administration to resolve its conflict with China.

  • *Chicago soybeans drop after seven-session rally, wheat falls. SINGAPORE, June 19- Chicago corn futures slid for a second session on Wednesday as U.S. farmers race to finish planting, which has been delayed by excessive rains and flooding across the U.S. The most-active corn contract on the Chicago Board Of Trade was down 0.1% at $4.49-1/ 2 a bushel, as of 0248 GMT,...