A screen displaying the Hang Seng stock index is seen at Central district, in Hong Kong, China, on April 7, 2025. TYRONE SIU / REUTERS Asian markets collapsed Monday, April 7, after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession. Trading … Read more
China has unveiled its latest weapon in the battle against cancer – the world’s most powerful vaccine booster, capable of amplifying immune responses to tumours and infections up to 150-fold, according to researchers. The advance promises two potential benefits: enhanced treatments for malignancies such as melanoma and liver cancer and improved vaccine effectiveness against rapidly … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Rating agency Fitch has downgraded China’s sovereign debt over concerns about weaker public finances and the impact of higher tariffs on exports, a move that prompted accusations of bias from Beijing. In a statement on … Read more
China’s emergence as a leader in renewable energy, electric vehicles and artificial intelligence (AI) will provide long-term investment opportunities for international investors, according to business leaders. “For a long time, China was viewed as a copycat,” Fred Hu Zuliu, chairman and CEO of Primavera Capital, said during panel discussion at the first World Economic Forum … Read more
Handing down its verdict in China’s first court case over face recognition technology, the Fuyang District People’s Court in the eastern Zhejiang province found that Hangzhou Safari Park’s use of the technology without visitors’ consent to facilitate their admission into the park “illegal and unnecessary”. The court also ruled that the park should pay the … Read more