Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US-China trade war has escalated to new heights. This week Donald Trump focused his protectionist zeal firmly on his longtime economic foe. On Wednesday, the US president paused “reciprocal” tariffs — above a 10 … Read more
President Donald Trump’s plans to enable a US acquisition of TikTok have been thwarted by Trump’s plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations “seemingly torpedoed” plans for candidates — mostly like Oracle — to take over the ByteDance-owned app. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has begun large-scale military and coastguard exercises around Taiwan, the latest round in Beijing’s escalating campaign to assert its claims of sovereignty and suppress the island nation’s efforts to preserve its de facto independence. … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China is considering including services in a multibillion-dollar subsidy programme to stimulate consumption, according to officials and academics, as the world’s second-largest economy struggles to boost chronically weak domestic demand. The programme, which would seek … Read more
The use of facial recognition identification should not be forced upon people, and service providers will be required to offer alternative ID methods, under regulations due to come into effect in China on June 1. The new rules mark Beijing’s first major attempt to regulate facial recognition, a technology widely adopted around the country – … Read more