Republicans in the US Congress introduced legislation on Thursday to repeal China’s preferential trade status that it has held for over two decades, garnering a Democratic co-sponsor for the first time. China’s permanent normal trade relations (PNTR) status is a legal designation in the US for free trade with a foreign state, and was conferred … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Xi Jinping might be able to muzzle Chinese economists, but the message of the bond market is harder to silence. And right now it’s howling that China is sliding towards a Japanese-style deflationary spiral. The … Read more
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Guangzhou FC, once China’s leading professional football club and a symbol of the country’s aspirations in the sport, has been dropped from the national league after a drawn-out saga related to the collapse … Read more
China’s top political adviser has made a rare trip to view an exhibition about the reincarnation of Tibetan Buddhas, a sign that Beijing is getting ready to face the Dalai Lama succession issue ahead of the exiled spiritual leader’s 90th birthday next year, according to an analyst. Wang Huning, China’s fourth senior official and chairman … Read more
The year ahead will be pivotal for an initiative that encourages young Americans to study in China as Beijing tries to ramp up people-to-people exchanges, according to a leading American business group. As ties between the two countries remain strained ahead of the imminent return of US president-elect Donald Trump, both countries have been urged … Read more
