As tensions between Beijing and Taipei rise, academia and the education sector reveal how each side is changing to adapt to – or shape – the new environment. In the first of a two-part series, we survey the vast research by mainland academics studying potential paths and models for governing the island. Advertisement For decades, Beijing has talked about peaceful reunification with Taiwan and possibly governing it under the arrangement of “one country, two systems”, a term that means the island could have a different political system than the mainland.…
Month: July 2025
FirstFT: Donald Trump announces US-Indonesia trade deal
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. In today’s newsletter: The US-Indonesia trade deal How BYD caught up with Tesla Taiwan’s Han Kuang military drills Donald Trump has said the US has reached a trade deal with Indonesia that will result in the south-east Asian nation paying a 19 per cent tariff on its…
The EU is doing itself no trade favours in pushing China on Russia
Ahead of the China-European Union summit, set to take place in Beijing on July 24, the 27-nation bloc seems determined to adopt a firm stance in its relationship with the world’s second-largest economy. While accusing China of aiding Russia’s war efforts in Ukraine, the EU also seeks what it sees as fairer economic relations. But can the growing pressure influence Beijing’s position on Moscow and the Ukraine conflict? Advertisement In a recent speech, European Commission President Ursula von der Leyen said Brussels “cannot accept” that China is “de facto enabling…
Lutnick says easing of Nvidia’s AI chip exports linked to China deal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing. But a person familiar with the situation said the commerce department would start approving export licenses for these chips,…
Trump’s pick for United Nations ambassador wants to ‘make the UN great again’
Mike Waltz, US President Donald Trump’s nominee for United Nations ambassador, vowed on Tuesday to make the world body “great again” – and that he would do so by confronting Beijing’s expanding influence while leading an overhaul of what he described as a bloated, favouritism-plagued institution. Advertisement “Countering China … is critical,” the former Florida congressman said during his confirmation hearing before the Senate Foreign Relations Committee. Waltz called it “absurd” that China, the world’s second-largest economy, was still “treated as a developing nation” and that most UN agencies continued…
US-China spy wars intensify under Trump 2.0 as tech competition heats up
When the Federal Bureau of Investigation last week arrested a suspected Chinese hacker for allegedly stealing sensitive American research on Covid-19 vaccines in 2020, the head of America’s top law enforcement agency hailed the episode as “manhunting” the Chinese Communist Party. Advertisement “The CCP’s relentless attacks on our institutions will not go unanswered,” FBI Director Kash Patel wrote on social media. “The FBI will hunt down those who threaten our national security – wherever they hide,” he wrote, adding, “huge … manhunting the CCP.” Then, soon after the FBI announced…
Trump announces trade deal with Indonesia
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has announced that Indonesia will pay a 19 per cent tariff on exports to the US after Washington and Jakarta agreed a trade deal. The US president said he had spoken to his Indonesian counterpart Prabowo Subianto, and that the deal with Jakarta will give the US “full access to Indonesia, everything”. Trump said Indonesia was “very strong on copper”, the metal on which he last week imposed…
As it happened: Farage attacks government’s handling of Afghan resettlement scheme
There were 25,000 names contained in the data leak, including Afghans who claimed to have assisted the UK and their family members. If wider family are included, the number affected is about 100,000, the UK government has said. Approximately 6,900 of them have been brought to the UK, are in transit or are set to travel under the secret Afghan Response Route that was revealed on Tuesday. A further 17,000 affected by the data breach are coming via the other publicly known schemes for Afghan relocation. The MoD says all…
A costly shambles for the British state
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rarely has a UK cabinet minister made such an extraordinary admission to parliament as that by defence secretary John Healey on Tuesday: a catastrophic data breach under the previous Conservative government endangering the safety of thousands of Afghans who assisted British forces in the Afghanistan conflict; a top-secret, multibillion-pound scheme to relocate them to the UK; a “super-injunction” intended to protect them, but which banned any disclosure of what was…
A savage squabble between China and Europe
IN THE EARLY months of America’s trade war against the world, speculation mounted. Could the two other major trading powers, China and the European Union, collaborate to intensify their bilateral trade links so as to compensate for America’s isolationism? A summit on July 24th in Beijing will show that the answer is emphatically “no”. It was supposed to be a celebration of 50 years of diplomatic ties. Now it looks set to be a sputtering squib. The Economist