Beijing
Tencent quarterly profit surges 60% despite slowest revenue growth on record
Tencent’s twin-skyscrapers at Shenzhen Bay Start Up Plaza in Nanshan business district. Nikada | Getty Images Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021 as the Chinese technology giant continues to feel the impact of Beijing’s regulatory tightening on the domestic technology sector. However, the company posted a […]
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Xi ‘can’t stomach doing something that might make Putin look bad,’ says political analyst
China does not want to take a position on Ukraine that could undermine Russia, said Scott Kennedy of the Center for Strategic and International Studies, a Washington-based think tank. It doesn’t appear that Beijing has provided any military assistance or violated the economic sanctions on Russia, he said. “But they’ve not said no. And I think what […]
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China says Xi and Biden’s two-hour call focused on the need for peace in Ukraine
A screen shows Chinese President Xi Jinping attending a virtual meeting with U.S. President Joe Biden via video link, at a restaurant in Beijing, China November 16, 2021. Tingshu Wang | Reuters WASHINGTON — President Joe Biden held a nearly two-hour phone call on Friday morning with Chinese President Xi Jinping to discuss Russia’s invasion […]
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China says it wants to steer clear of U.S. sanctions over Russia’s invasion of Ukraine
Chinese Foreign Minister Wang Yi attends a press conference in Beijing, China on March 7, 2022. Li Xin | Xinhua News Agency | Getty Images China’s foreign minister, Wang Yi, says Beijing wants to avoid being impacted by U.S. sanctions over Russia’s war with Ukraine. “China is not a party to the crisis, nor does […]
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