Senate Minority Leader Mitch McConnell on Thursday threatened to tank Congress’ behemoth China competition bill if Democrats continue to push to resurrect President Biden’s long-stalled social welfare …
Monthly Archives For July 2022
Japan business mood worsens on hit from China’s lockdown, rising costs
The mood among Japan’s big manufacturers’ soured for a second straight quarter in the three months to June, a central bank survey showed on Friday, hit by rising input costs and supply disruptions …
China not giving material support for Russia’s war in Ukraine -U.S. official
“China is not providing material support. This is normal course-of-business enforcement action against entities that have been backfilling for Russia,” a senior Biden administration official told …
Asia-Pacific markets higher; survey on China’s factory activity results ahead
Asia-Pacific were higher on the first day of a new quarter as investors await the results of a private survey on Chinese factory activity.
China’s tourists are trickling back after two years of coronavirus disruptions. But will it last?
As coronavirus cases fall and travel restrictions are gradually lifted, China’s tourism sector is rejoicing at what seems like a favourable turn. However, some warn it is too early to judge whether …
The ‘quislings’ who helped Beijing crush Hong Kong’s pro-democracy campaign
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong politics news every morning. Jasper Tsang, one of Hong Kong’s highest-profile pro-Beijing political figures, admits he was …
To save us all, Britain needs to stand up to Beijing
China says it supports a rules-based international order. Don’t believe it. China has left a trail of broken promises, notably in its 25-year-rule over Hong Kon …
Central banks look to China’s renminbi to diversify foreign currency reserves
Central banks are looking towards the renminbi to diversify their foreign currency holdings in a sign that geopolitical flare-ups could chip away at the dollar’s dominance. The …
McConnell threatens support for China bill, citing budget talks
Senate minority leader says GOP won’t back legislation to boost domestic semiconductor manufacturing if Democrats push their budget package.
Report Alleges Global Companies ‘Unknowingly’ Support China’s Use of Uyghur Forced Labor
A new law aims to prevent goods made ‘wholly or in part with forced labor’ in Xinjiang from entering the US market …
China Keeps Feasting on Russian Oil
China is importing Russian crude at record rates, and its insatiable appetite for the discounted barrels looks unlikely to wane in the near term.
China clears its backlog of stranded Australian coal — but don’t expect Beijing to buy more soon
China has finished clearing a backlog of stranded Australian coal amounting to over $1 billion, China customs data shows. But analysts said it’s not likely that Chinese coal buyers will start …
Commentary: What the rise of China homegrown brands means for Southeast Asia
China’s sluggish consumer sentiment is motivating Chinese brands to expand overseas, backed by a playbook that has helped them outshine global names at home, says Shanghai-based writer Casatrina Lee.
