What to watch for as China’s major political meeting of the year gets underway
BEIJING (AP) — One burning issue dominates as the 2024 session of China’s legislature gets underway this week: the economy.
Asian news from Beijing
China data leak spotlights cyber-spying across Southeast Asia
PHNOM PENH -- Hackers at a Chinese state-linked security contractor targeted government agencies across Southeast Asia for years, a major document leak shows, revealing rare details of cyberespionage in countries where Beijing has strong political and economic ties.
Hong Kong's last opposition parties speak out on planned security law
HONG KONG -- While the Hong Kong government is rushing to implement more comprehensive national security legislation, the remaining traditional pro-democratic parties in the city are voicing concerns despite heavy pressure.
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
BEIJING (AP) — Chinese Vice President Han Zheng pledged Friday to provide more opportunities for foreign companies in China as the government tries to restore confidence in the world’s second largest economy.
Is the US overestimating China’s power?
Which country is the greatest threat to the United States? The answer, according to a large proportion of Americans, is clear: China.
China slips further from high-income status as earnings measure dips
BEIJING -- China's per capita gross national income declined in dollar terms for the first time in 29 years in 2023, government data released Thursday shows, pulling it further from the World Bank's threshold for a high-income country.
Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets
While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years.
Japanese, Australian shares hit record highs on Wall Street bounce
SYDNEY, March 1 (Reuters) -- Japanese and Australian shares hit fresh record highs on Friday as a key U.S. inflation reading came in as expected, a relief for investors that had looked for a June rate cut, while mixed data from China bolstered hopes for more policy support.