Month: August 2023

US warns of ‘advancing’ arms talks between Russia and North Korea

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Receive free War in Ukraine updates We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning. The White House has warned of “actively advancing” arms talks between Russia and North Korea after Vladimir Putin’s defence chief travelled to Pyongyang on a mission to secure ammunition for the invasion of Ukraine. Sergei Shoigu, Russia’s minister of defence, was last month dispatched on the diplomatic mission to secure artillery munitions and an agreement to deepen military co-operation. According to a US intelligence assessment made…

In search of a British China strategy

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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here. Change the plan you will roll onto at any time during your…

No Biden, no problem: Asean just has to forge its own path

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It’s official: US President Joe Biden will head to the G20 Leaders’ Summit in India, and Vice-President Kamala Harris will attend the Asean Summit-related meetings in Indonesia next month. There, she will underscore America’s “enduring commitment to Southeast Asia and to Asean centrality”, according to a White House briefing by national security adviser Jake Sullivan. Sullivan rightly points out that there has been an “unprecedented expansion in US-Asean relations” since Biden took office, especially when contrasted with the Trump administration’s record across the board. Regional states have felt heard. The…

Country Garden loses record $7bn in first half

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Receive free Country Garden Holdings Co Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest Country Garden Holdings Co Ltd news every morning. Chinese property developer Country Garden suffered losses of Rmb48.9bn ($6.7bn) in the first half of the year, highlighting the challenge facing the company as it battles for survival amid a liquidity crisis across the country’s real estate sector. The results released on Wednesday reflected a bleak six months for the property group, which is the country’s largest private developer by sales and…

Goldman/CIC: east-west tensions turn woo to rue

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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here. Change the plan you will roll onto at any time during your…

German far right shows an unlikely affinity for Communist China

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As its popularity soars, the party’s murky ties with fringe elements have brought accusations of homophobia, racism and even neo-Nazism. The AfD has been widely criticised for echoing Russian propaganda throughout the war in Ukraine. “It’s quite a young party, only 10 years old,” said Benjamin Hoehne, a professor of political science at the University of Munster who specialises in populist movements. “So it’s in a consolidation, institutionalisation and professionalisation process. There are competing wings, but we see a strong tendency that the far right wing within the AfD has…

Cleverly seeks to repair British relations with China

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Receive free UK foreign policy updates We’ll send you a myFT Daily Digest email rounding up the latest UK foreign policy news every morning. UK foreign minister James Cleverly on Wednesday sought to repair ties with China during the first high-level British government visit to Beijing for five years, emphasising the need for further dialogue even if it included areas of “disagreement”. In a meeting with Chinese foreign minister Wang Yi, Cleverly said he had “always been able to speak frankly” with his counterpart but also pointed to “opportunities that…

US commerce secretary hails ‘new approach’ to China business frictions

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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here. Change the plan you will roll onto at any time during your…

US commerce secretary hails ‘new approach’ to handling China business frictions

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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here. Change the plan you will roll onto at any time during your…

How Terry Gou’s Independent Run Impacts the 2024 Taiwanese Election

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Advertisement Terry Gou, one of Taiwan’s most recognizable businessmen, announced his intention to stand as an independent presidential candidate on Monday. The billionaire founder of Foxconn recently lost out on the nomination for the opposition Kuomintang (KMT) party, but with KMT nominee Hou Yu-ih proving unpopular in the polls, Gou has decided to go it alone.  The 72-year-old billionaire has spent the last few weeks touring Taiwan and holding campaign-style events, culminating in his announcement of a presidential run. His promise to bring “50 years of peace to the Taiwan…