china economy news
- ECONOMY
Richest Latin Americans should pay ‘much more’ tax, says IMF
The IMF’s top official for Latin America has urged governments to make the rich pay “much more” in tax, saying…
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Swedish prime minister loses no-confidence vote
Stefan Lofven became the first Swedish prime minister to lose a no-confidence vote, throwing the Scandinavian country’s politics into turmoil…
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Axiata and Telenor to merge Malaysian mobile groups in $12bn deal
Malaysia’s Axiata and Norway’s Telenor have agreed to merge their mobile telecommunications operations in the south-east Asian country, creating a…
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Germany’s Laschet warns against cold war with China
Armin Laschet, frontrunner to become Germany’s next chancellor, has warned of the dangers of a new cold war against China,…
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Iraqi activist assassinations create ‘climate of fear’ before elections
Iraqi militants linked to entrenched political parties have killed and kidnapped scores of political activists, analysts say, creating a climate…
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Russia’s central bank plans to take rescued lender Otkritie public
Russia’s central bank plans to take Otkritie, one of the country’s largest state-run lenders, public in an IPO by the…
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Saudis agree oil deal with Pakistan to counter Iran influence
Saudi Arabia has agreed to restart oil aid to Pakistan worth at least $1.5bn annually in July, according to officials in Islamabad, as…
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Britain faces learning to live with Covid’s tragic consequences
Never before in the 18-month history of Covid-19 have scientists been less confident about predicting the course of the pandemic.…
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Electoral test for Abiy as Ethiopians vote in first ‘free’ poll
The last time Berhanu Nega ran for office, in 2005, he performed so well that he ended up in jail.…
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Former speaker John Bercow joins Labour with blast at Johnson
John Bercow, the former speaker of the House of Commons and former Conservative MP has joined the Labour party, arguing…
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Delta variant begins to spread, threatening EU’s Covid progress
The Delta coronavirus variant that swept the UK has become dominant in Portugal and appeared in clusters across Germany, France…
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Behind the scenes at China TV: soft power and state propaganda
The primetime English-language news show by China’s state broadcaster was about to go on air when a copy editor in…
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Northern Ireland’s DUP to choose another new leader on June 26
Northern Ireland’s embattled Democratic Unionist Party has set June 26 as the date to elect its third leader since the…
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Worst drought in a century hits Brazil as it fights to overcome Covid
The worst drought in almost a century has left millions of Brazilians facing water shortages and the risk of power…
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Home swaps boom as UK Covid travel ban bites
In April, Corinne and Colin Westacott spent three days cleaning and preparing their house before taking a leap of faith.…
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Hopes rise for shorter Covid third wave as growth in UK cases slows
A slowdown in the growth in new Covid-19 cases across the UK has raised hopes that the third wave may…
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Ukraine imposes sanctions on former gas trader Dmitry Firtash
Ukraine has imposed sanctions on Dmitry Firtash, who formerly had business partnerships with Russia’s Gazprom, in a further crackdown against…
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Donaldson frontrunner to be next leader of Northern Ireland’s DUP
Northern Ireland’s Democratic Unionist party is likely to choose Westminster MP Sir Jeffrey Donaldson as its next leader within a…
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EU agrees to step up sanctions on Belarus over forced plane landing
EU countries have provisionally agreed sanctions on Belarus’s financial, oil and potash sectors in a bid to punish President Alexander…
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FCA urges thousands to seek compensation over pension transfers
Thousands of people are receiving letters from the UK’s City regulator urging them to lodge claims for compensation for being…
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Uefa and UK government hold talks on quarantine rules for Euro finals
Uefa has said it may need to move the final matches of Euro 2020 football tournament away from London over…
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The strategic unexcitingness of Joe Biden
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
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Indian payments group Paytm plans to raise up to $3bn in listing
Indian payments group Paytm has called a shareholders meeting next month to approve an initial public offering that is being…
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The Federal Reserve deftly changes tack
The Federal Reserve has begun tiptoeing away from the extraordinary measures it adopted to help the US cope with the…
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Reflation trades pummelled after Fed’s hawkish shift
The “reflation trade” that has dominated financial markets since the emergence of coronavirus vaccines last year has been pummelled after…
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A clear case for glass
Over the past 50 years, it has been ceramics that have made the arduous climb from lowly “craft” status into…
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Lagos luxury property: ‘No matter how bad the economy, they buy’
Just across the water from Lagos’ teeming mainland, where the bulk of the megacity’s 20m people live in slums, real…
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Fever pitch: football versus the culture wars
Going to a football match in the middle of a pandemic feels like undergoing an endurance test for a reality…
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Breyer under mounting pressure to relinquish Supreme Court seat
Harvard Law School professor Randall Kennedy shocked the legal world in 2011 when he called for the immediate retirement of…
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Ebay to sell South Korea unit for $3.1bn as local rivals target Coupang
Ebay is set to sell its South Korea business to a local consortium for $3.1bn, according to people with knowledge…
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UK output to hit pre-pandemic level a year earlier than forecast
UK business has become increasingly bullish about the economic recovery, with the CBI predicting that output will regain its pre-pandemic…
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Spain’s Acciona eyes €9.8bn valuation for renewable energy IPO
Spanish conglomerate Acciona is hoping to achieve a valuation of up to €9.8bn for its renewable energy arm, arguing it…
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‘Serious shortcomings’ preceded Manchester bombing, says inquiry head
The chair of the inquiry into the May 2017 Manchester Arena bombing has criticised “serious shortcomings” in security provision by…
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Iran’s reformist candidate vows to tackle nuclear deal ‘at first chance’
The sole reformist candidate in Iran’s presidential election has vowed to try to resolve the stand-off with world powers over…
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Juneteenth made federal holiday to commemorate slavery’s end in US
President Joe Biden is set to sign legislation making Juneteenth, the day marking the end of slavery in the US,…
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The G7 is right to worry about Chinese credit terms
The writer is a senior fellow at Harvard Kennedy School Announcing a proposed lending facility to rival China’s Belt and…
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Auld Enemy clash pulls thousands of Scotland fans to London
Thousands of Scotland football supporters descended on London ahead of Friday’s European Championship match against England, despite calls from the…
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US Supreme Court throws out challenge to Obamacare
The US Supreme Court has dismissed the latest challenge to the Affordable Care Act, preserving Barack Obama’s flagship healthcare reforms…
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Northern Ireland government avoids collapse
Northern Ireland has averted the imminent collapse of its government, despite eleventh-hour pushback from some unionists against an overnight deal…
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The links with Tai that Brussels hopes will bind
This article is an on-site version of our Trade Secrets newsletter. Sign up here to get the newsletter sent straight…
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The west’s awe of Russian spycraft is misplaced
Eighty years ago this week, Germany’s imminent invasion of the Soviet Union was an open secret around the world. The…
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Europe’s Leading Patent Law Firms 2021
This listing of Europe’s leading patent law firms is based on recommendations by clients and peers © Getty Survey and…
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Fraud chief warns of ‘big risk’ in policing €800bn EU recovery funds
The EU faces a “big risk” of abuses in its €800bn post-pandemic recovery fund because some countries refuse to sign…
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Hong Kong police invoke security law to arrest senior journalists
Hong Kong police have arrested senior editors and executives of a newspaper belonging to pro-democracy mogul Jimmy Lai in the…
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Cyclical rally exposes flaws in some factor ETFs
Interested in ETFs? Visit our ETF Hub for investor news and education, market updates and analysis and easy-to-use tools to…
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The Chinese entrepreneur who challenged the state and was locked up
The neat high-rise buildings in the model town Sun Dawu built for his workers stand out among the farms and…
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Brazil moves to tame inflation with third interest rate increase of 2021
Brazil’s central bank on Wednesday raised its benchmark interest rate for the third time this year as authorities in Latin…
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Johnson suffers backbench rebellion over delay to ending lockdown
Boris Johnson on Wednesday suffered a large backbench rebellion as Conservative MPs voiced their opposition to the government’s decision to…
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Ryanair to sue UK government over border policy
Ryanair and the owner of three major airports are preparing to sue the government over the UK’s border policy. The…
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Airbus and Boeing deal is a welcome EU-US detente on trade
A world where the United States and the European Union had the luxury of being at loggerheads over a 17-year-old…
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