Immediate gratification: instant commerce transforms China’s retail market

Since April, mainland Chinese consumers have been spoiled for choice, as instant commerce competition brought dazzling promotional subsidies and speedy deliveries right to their doorsteps. Advertisement Instant commerce – a turbocharged combination of online shopping and swift dispatch – had already made a typical lunchbox order cost around US$1 or US$2, which covered the food and the delivery fee. On-demand delivery giant Meituan’s “Grouping for Good Meals” campaign, for example, offered a four-dish set meal – with a portion of rice and a drink – for 6.9 yuan (US$0.97) and…

Japan’s ruling party run by ‘grandads’, says leader of ultraconservative Sanseito

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s long-ruling Liberal Democratic party is a force led by “grandads” that could soon fall apart, the head of an ultraconservative, anti-globalist party that has set off tremors across Japan’s political landscape has said. Sohei Kamiya, the combative 47-year-old secretary-general of the Sanseito party, dismissed the bloc that has governed Japan for almost 70 years just five days after Prime Minister Shigeru Ishiba resigned as leader of both the LDP…

Dozens of US-China education programmes ‘must end’, says House Republican report

Republicans in the US House of Representatives are escalating their targeting of US-China joint institutes and degree programmes, identifying dozens of such partnerships as “high-risk” for the first time in a report released on Friday. Advertisement In a 39-page report, the House Select Committee on the Chinese Communist Party and the House Committee on Education and the Workforce argued that joint degree programmes – particularly those in science and technology – provided China “sustained access to US expertise” and that joint institutes operate “under the thumb of the [Chinese Communist…

After years of US sanctions, how is Xinjiang’s economy doing?

Chinese scholars have criticised US-led sanctions over Xinjiang, saying their research showed the measures had resulted in long-term economic damage, including job losses. Advertisement The findings, presented at an academic seminar in Hong Kong last month, offered one of the first aggregated assessments of the impacts of US sanctions imposed on Chinese companies over alleged human rights abuses in the far western Xinjiang Uygur autonomous region. Beijing has denied those accusations and condemned the sanctions as “intending to create unemployment” in the region. The sanctions, first imposed in 2019 during…

US farmers to visit China officials, import expo as trade tensions linger

The US government is set to dispatch a group of American growers and exporters of agricultural products to China in the coming fall for exchanges with Chinese officials in Beijing, followed by a high-profile presence at a key import fair in Shanghai. Advertisement This will mark the third year that the US Department of Agriculture has organised an annual trip to China, the largest overseas market for American farmers. But this year’s journey, likely in November, will take on extra significance and urgency, as both countries seek to stabilise ties…

Former chief justice appointed Nepal prime minister in bid to end turmoil

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nepal’s president has appointed former chief justice Sushila Karki as the turmoil-hit Himalayan nation’s interim prime minister following intense negotiations with youthful anti-government protesters and the military. The appointment on Friday of Karki, Nepal’s first female prime minister, is intended to bring an end to unrest this week that was sparked by a ban on leading social media sites and led to clashes with the police in which more than…

Analysis: Nepal’s protests are being closely watched in Vietnam

RFA Perspectives — Nepal’s streets have exploded in protest. Thousands of young people, angered by a government ban on social media, are standing up against corruption and inequality. In Vietnam, the youth are watching closely, because Nepal’s story feels eerily familiar. Video: Why Vietnam is paying attention to the protests in Nepal (RFA) Why Vietnam cares So why are Vietnamese youth paying attention to what’s happening in Nepal? Because Nepal’s uprising highlights struggles they know all too well. Censorship, corruption, unemployment, and the communist party – these challenges echo in…

How Apple’s grip on China slipped – and what it means for other multinationals

Apple’s launch season has arrived, an occasion once treated like a festival in China and hailed by enthusiasts as the “Spring Festival Gala of the tech world”. Advertisement Tan Hui used to be one of the devoted, closely following every iPhone launch and going all out to secure the latest model. At times, she would even fly two and a half hours from her home in Sichuan province to Hong Kong – where new models sometimes went on sale earlier than on the mainland – to ensure she was one…

North Koreans have grown more repressed, fearful in the past decade, U.N. report says

North Korea is the most restrictive country in the world, with the government tightening control over its citizens, intensifying surveillance and unleashing torrents of propaganda, according to a sweeping United Nations report released on Friday. The 14-page report, published by the U.N.’s Human Rights Office, covers developments in the country since 2014 and draws detail from interviews with more than 300 witnesses and victims who had left the country. Interviewees said that government control had seeped into “all parts of life,” the report said. “To block the people’s eyes and…

South Korea denounces ‘shocking’ US treatment of detained workers

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world South Korea’s labour minister has said that “not even prisoners of war” would be treated as badly as hundreds of Korean workers detained by US immigration authorities following a raid at a Hyundai-LG battery plant in Georgia. The comments by Kim Younghoon, a former rail union boss and close ally of left-wing president Lee Jae Myung, reflect widespread outrage in South Korea at the treatment of the workers…