China’s overcapacity a challenge that is ‘here to stay’, says US chamber

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s industrial overcapacity is a problem that is “here to stay” and foreign companies and trading partners will have to adapt as the world’s second-largest economy seeks to overcome a property sector slowdown to stimulate growth, according to the American Chamber of Commerce in China. The chamber’s annual survey of US businesses in China, which was released on Thursday, showed some improvement in optimism over the economy in 2023 compared…

INTERVIEW: Vietnam’s oppression of the protestant H’mong people

Vang Duc Son suffered years of harassment in Vietnam due to his beliefs as a protestant in Dien Bien province. He was arrested and denied identification papers by the government but continued to fight for the rights of the ethnic H’mong people. In May 2011, Son took part in a protest against government land seizures and had to flee Vietnam after being detained by the police. He went to Thailand before finally settling in the U.S. with his family and continues to speak out about persecution in Vietnam. Radio Free…

Stop targeting our students and trying to turn them into spies, China tells US

Wang characterised the US actions as unprincipled and “discriminatory moves” under the guise of law enforcement, with a “strong ideological bias”. He was responding to a question about recent accounts from Chinese nationals about their treatment when trying to enter the US to study. Why more Chinese students are looking to Europe – not the US or UK – for study The questioner alleged that students had been being repeatedly quizzed by US officials about their political backgrounds and research activities, and that some had been told their entry was…

China employment pressure ‘worsening’ this year in absence of solutions to shore up jobs

And Feng said that is due, in part, to concerns that workers have about losing jobs, making them more likely to jump ship for a mediocre salary rather than hold out for higher-paying work. Meanwhile, as the actual innovation and capabilities could not sustain the rapid growth in the industry, instability in international relations have also led to slashed revenues and subsequent job cuts. How are China’s young graduates and universities coping with high unemployment? “Selling to the US and European markets has become a real challenge … so now…

Evidence against Jimmy Lai ‘obtained through torture’: UN expert

Prosecution witness evidence in the trial of pro-democracy Hong Kong tycoon Jimmy Lai may have been obtained through torture, according to a United Nations expert on torture.  Jill Edwards, the U.N. special rapporteur on torture and other cruel, inhuman or degrading treatment, said Wednesday that she had written to the authorities in China calling for an investigation before evidence is admitted in court. “I am deeply concerned that evidence that is expected to be presented against Jimmy Lai imminently, may have been obtained as a result of torture or other…

FBI Warns of Chinese Hacker Threats on US Infrastructure

Chinese government hackers are targeting critical infrastructure inside the U.S., FBI Director Christopher Wray told House lawmakers on Wednesday. The warning comes as the Biden administration credits its outreach to China as key in reducing tension between the countries. White House Bureau Chief Patsy Widakuswara reports; Jeff Seldin and Anita Powell contributed to this report. Voice of America

Chinese brain chip helps paralysed man regain mobility – and it’s less invasive than Elon Musk’s Neuralink

Also on Tuesday, Musk announced that the first human patient had received an implant from his start-up Neuralink Corp. The Chinese team’s implant – called the Neural Electronic Opportunity (NEO) – has allowed a quadriplegic patient to perform hand motions with the help of a wearable prosthetic guided by his brain, according to the university, which added that the feat had been achieved without the risk of damage to neurons. Elon Musk says first human has received Neuralink brain implant Brain-computer interfaces (BCI) are devices that create a direct pathway…

China’s factory activity expands in January as export orders rise, business confidence hits 9-month high

China’s factory activity expanded in January thanks to stable growth in output, quicker logistics and the first rise in new export orders since June, helping lift business confidence to a nine-month high, a private-sector survey showed on Thursday. Taken together, they point to a still-underperforming economy in need of more policy support. The Caixin/S&P Global manufacturing PMI stayed at 50.8 in January, unchanged from December and surpassing analysts’ forecasts of a fall to 50.6. The 50-point mark separates growth from contraction. “Quicker logistics, increased procurement, and rising inventories reflected improved…

Imran Khan taps AI and TikTok to fight Pakistan election from jail

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Imran Khan languishes in a Pakistani jail, the former prime minister’s embattled party is turning to unconventional methods including artificial intelligence and rallies on TikTok to mobilise his millions of passionate supporters ahead of next week’s general election. Khan’s Pakistan Tehreek-e-Insaf party is using AI voice generation to deliver his speeches from notes passed to his lawyers. The PTI is hosting digital rallies on TikTok and has a chatbot…

Prisoner No. 804: Imran Khan turns to AI to fight Pakistan’s election from jail

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Imran Khan languishes in a Pakistani jail, the former prime minister’s embattled party is turning to unconventional methods including artificial intelligence and rallies on TikTok to mobilise his millions of passionate supporters ahead of next week’s general election. Khan’s Pakistan Tehreek-e-Insaf party is using AI voice generation to deliver his speeches from notes passed to his lawyers. The PTI is hosting digital rallies on TikTok and has a chatbot…