But it is far from clear what that strategy might be, or whether Europe would remain so closely aligned with America in the event of a war over Taiwan. An awkward procession of Europe’s leaders…
Recent Posts
China is not a global economic threat as perceived by US and allies: G7 finance chiefs
But the finance chiefs’ closing communique did not mention a US-proposed idea for narrow restrictions on investment in China, a potential rift among the grouping on how far they should go in …
Blockchain Friendly, Not Crypto Friendly: China Aims to Boost Blockchain Development
At one point, China was the top Fintech jurisdiction in the world, dominating online lending and other Fintech verticals along with a robust digital asset …
Ford explores slashing operating costs in China and reportedly considers layoffs after joining Tesla’s EV price war
Ford CEO Jim Farley, pictured in 2013. Daniel Acker/Bloomberg via Getty Images Elon Musk started a trend late last year when he slashed prices on Tesla EVs in China. Ford has followed with its own…
Ford is exploring cutting operational costs in China and reportedly considering layoffs
E lon Musk started a trend late last year when he slashed prices on Tesla EVs in China. Ford has followed with its own EV discounts in the country this year, but is now upping…
China sentences 78-year-old US citizen to life in prison for spying
A Chinese court has sentenced a 78-year-old US citizen to life in prison on spying charges. John Shing-Wan Leung, who is a permanent resident in Hong Kong, was jailed on Monday. The court in the…
Buyers from China are snapping up luxury Singapore property at a record rate
The number of luxury condominium units bought by buyers from China rose 158 per cent year on year in the first quarter, according to a property agency report.
Russian PM to attend business forum in China as bilateral trade rises
We’ll send you a myFT Daily Digest email rounding up the latest Russian business & finance news every morning. Russia’s prime minister Mikhail Mishustin is to head a high-profile delegation to a …
Baidu, Alibaba, & Tencent Earnings This Week, SOE ETFs Prepare To Launch In China
Asian equities had a strong start to the week though Southeast Asia was mostly lower. Mainland China and Hong Kong opened down but made strong positive moves in the afternoon.
China’s Fuzhou City Offers Cash Subsidies To Attract Blockchain Companies
Fuzhou City, located along China’s southeastern coast, has unveiled a series of incentives to attract blockchain-related companies …
Russia Has Become China’s ‘Junior Partner,’ Says Britain’s Former PM
An emerging alliance between the two authoritarian giants is “very real” and has been deepened by the war on Ukraine, Liz Truss told Newsweek.
Consultancy firms in China tested limits before Beijing’s crackdown
China’s clampdown on its consultancy and due diligence sector has driven companies to review their operations after some tested the limits of laws to meet surging demand as China emerged from …
Absa Group plans to open office in Beijing to serve Chinese firms with operations in Africa
The Pan African lender, which expects to launch the advisory office by the year-end, is awaiting approval from South African authorities.