china economy news
- ECONOMY
Airbnb gives up on China as it shifts focus to outbound travel
Airbnb will close its domestic business in China this year, removing all listings by the summer and retreating after a…
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Former São Paulo governor withdraws from Brazil election race
The former governor of São Paulo has pulled out of Brazil’s presidential race, in another blow to the shrinking political…
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Chelsea Football Club sale set for approval after Abramovich meets ‘red lines’
Roman Abramovich’s £4.25bn sale of Chelsea Football Club to a consortium spearheaded by US financier Todd Boehly is expected to…
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Partygate photos prompt renewed criticism of Boris Johnson
Prime Minister Boris Johnson on Monday came under renewed criticism following the publication of photographs reportedly showing him drinking with…
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Banks and funds stash record $2tn overnight at Fed facility
Money market funds and banks parked a record $2.04tn at the Federal Reserve on Monday, underscoring the demand for safe-haven…
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Putin ally gives evidence against former Ukrainian president
Kyiv has released a video in which Vladimir Putin’s top ally in Ukraine accuses the country’s former president Petro Poroshenko…
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Gene editing enables tomatoes to make ‘sunshine vitamin’
Scientists in the UK have successfully created tomatoes that make large amounts of vitamin D in their leaves and fruit…
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Didi investors to vote on US delisting in bid to revive China business
Shareholders of ride-hailing group Didi Chuxing will on Monday vote on delisting from the New York Stock Exchange, in a…
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The Norfolk Lourdes: England’s lost Holy Land
Somewhere in an English village — amid the cul-de-sacs and pubs, vegetable patches and garden gnomes, the GP’s surgery and…
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7 things to watch at Davos
This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight…
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Escape from Davos
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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‘A bonfire of the decencies’: Peter Hennessy on Boris Johnson’s government
British politics lurches so wildly that it’s hard to remember what happened a few weeks ago, let alone a few…
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Eurozone to end negative interest rates within months, Lagarde indicates
The European Central Bank is on track to lift its main policy rate back to zero by the end of…
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David Canzini: Boris Johnson’s influential aide divides Downing Street
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
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EU states braced for extra cash demands from Brussels
EU member states are braced for demands of extra money from Brussels as the EU budget comes under significant strain…
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Overdue reality check for Fed and markets has barely begun
The writer is chief investment officer at Franklin Templeton Fixed Income The US Federal Reserve and financial markets are experiencing…
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EU health agency urges member states to plan for monkeypox jabs
The EU’s infectious-disease agency is to recommend that member states prepare strategies for possible vaccination programmes to counter rising monkeypox…
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The rebirth of Hotel Chelsea – and three other legendary hotels
As New York stories go, the Hotel Chelsea’s is good enough to have filled pages already. Opened in 1884 as…
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Davos and the new era of deglobalisation
This week, the global elite will convene once again in Davos, Switzerland, after a two-year pandemic break, for the World…
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Portugal pledges to cut debt as borrowing costs rise
Portugal’s finance minister has vowed to remove his country from the “podium” of the three most indebted economies in Europe…
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Five things to watch for at Summer Davos
The World Economic Forum defines its mission as improving the state of the planet. Yet when it gathers 2,500 of…
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Moldovan minority treads line between Russia and homeland
In open fields to the west of Moldova’s border with Ukraine, a red, white and blue striped flag bearing three…
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‘Quad’ security group plans system to track illegal fishing by China
The US, Japan, Australia and India will on Tuesday unveil a maritime initiative aimed at curbing illegal fishing in the…
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‘Very sensitive’ US-China rift poses challenge for Hong Kong stock exchange chief
Next week, at the first in-person World Economic Forum in two years, Nicolas Aguzin will attempt to persuade executives and…
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‘Like a frat house’: can UK parliament’s culture be reformed?
“It’s so toxic at the moment. It’s like Guess Who — with everyone trying to figure out the next harasser,”…
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‘Megadrought’ threatens water and power supplies to millions in US
The “megadrought” gripping the southwestern US has driven water levels at the two largest reservoirs to record lows, forcing unprecedented…
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Davis Polk Asia chair withdraws from Hong Kong security law forum
The Asia chair of US law firm Davis Polk & Wardwell has pulled out of a Hong Kong government forum…
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Big-money deals obscure risk for UK’s empty offices
More than two years since the pandemic first shuttered offices in the UK, they are still half empty. So why…
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National Ballet of Marseille celebrates its 50th year with a Paris programme
Some anniversaries are harder to celebrate than others. The National Ballet of Marseille turns 50 this year, but since its…
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Climate graphic of the week: Historic blaze in New Mexico as extreme global weather events rise
The largest and most destructive wildfire recorded in the US state of New Mexico has raged for more than 40…
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Naspers to sell Russia’s biggest online classifieds business Avito
South Africa’s Naspers internet group is selling Russia’s biggest online classifieds business which Ukrainian government officials allege hosted ads for…
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Gerhard Schröder steps down as Rosneft chair after Ukraine backlash
Former German chancellor Gerhard Schröder has stepped down as chair of the board of Rosneft, the state-owned Russian oil giant,…
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Richemont shares slide 11% as Yoox Net-a-Porter deal drags on
Richemont has struck a cautious note on the lasting effect of pandemic lockdowns in China and showed little sign of…
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Ukraine’s ex-president Petro Poroshenko: ‘The army is like my child, and I am very proud’
I have not even sat down to my lunch with Petro Poroshenko and already I’m feeling outmanoeuvred. We are walking…
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UK hopes to conclude deal with Pacific trade bloc this year
The UK is hoping to conclude talks on joining a major Pacific trade bloc by the end of this year,…
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Geography Is Destiny by Ian Morris — Brexit’s deep historical roots
How far back in time must we go in order to understand Brexit? For Tim Shipman, whose All Out War…
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An abandoned subway is a tragedy for New York
Riding the Q train back to Brooklyn from Manhattan one evening this week, my subway carriage was boarded by a…
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Sweden’s Nato ambitions run into Kurdish row
Just six months after becoming prime minister, Sweden’s Magdalena Andersson has led her country to the brink of joining Nato after centuries of military…
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Meme-themed, social media-driven ETFs plummet in value
Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison…
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UK retail sales jump despite surge in inflation
British retail sales unexpectedly rose in April as shoppers bought more clothes, drinks and tobacco, easing concerns over the pace…
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Ukraine war gathers boosts support for Balkans’ EU membership bids
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
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Death notices for the city are premature
On a Monday evening last month, three FT colleagues and I each travelled across London to convene at a pub…
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Donald Trump risks coming up short in Georgia grudge match: ‘People are moving on’
Since leaving office, Donald Trump has done his best to destroy Brian Kemp’s political career. But for about an hour…
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Imelda Marcos’s jewellery becomes art in the work of Pio Abad
Pio Abad’s political art is almost in his blood. The child of activists during the dictatorship of Ferdinand and Imelda…
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FirstFT: US Senate approves $40bn Ukraine aid package
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas…
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Canada to ban Chinese telecoms Huawei and ZTE from 5G networks
Canada said it will ban Huawei and ZTE from providing 5G services in the country, in the latest move by…
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Biden vows to protect Finland and Sweden during Nato accession talks
US president Joe Biden agreed to “confront” any threats to the security of Finland and Sweden during their bids to…
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Northern Ireland’s DUP stakes its future on Brexit battle with London
Sir Jeffrey Donaldson is gambling the future of his Democratic Unionist party on a battle of wills with the British…
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Fixing the Northern Ireland protocol needs UK-EU trust
Stability in Northern Ireland is at risk. Unionists, the community who want the six counties to remain part of the…
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Hungary’s MOL prepares to move away from Russian oil
Hungary’s biggest energy company is preparing its oil refineries to process non-Russian oil, a sign that Budapest may eventually come…
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