Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former senior Federal Reserve official was arrested on Friday after US prosecutors accused him of passing on economic secrets to China. John Rogers, a senior adviser in the Fed’s international finance division from 2010-21, … Read more
US President Donald Trump, in the Oval Office of the White House in Washington, DC, on January 30, 2025. ROBERTO SCHMIDT / AFP President Donald Trump will impose tariffs on Saturday, February 1, on the United States’ three largest trading partners – Canada, Mexico and China – the White House said, sparking concern for global … Read more
As the global tech industry reels from the emergence of Chinese start-up DeepSeek, Congress is reacting quickly with proposals to separate US AI development from China and strengthen its competitive edge. One of the most expansive efforts is a bill by Senator Josh Hawley that seeks to ban imports of AI technology and intellectual property … Read more
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs. Mutual funds should raise their holdings of onshore equities by at least 10% annually for the next three years, while large state-owned … Read more
China has defended its coastguard patrols in the disputed South China Sea, responding to a protest from the Philippines over what it called the Chinese force’s “continued illegal presence and operations”. “The China Coast Guard conducts its patrols and law-enforcement activities in relevant waters, which is lawful, justified and beyond reproach,” Chinese foreign ministry spokesman … Read more
