As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how fine-tuning supply chains would work to China’s advantage. Advertisement For more stories in this ongoing series, click here. On paper, when Apple unveiled its latest flagship smartphone earlier this month, all US-bound models of the iPhone 17 were…
Month: September 2025
Critics are missing the big picture on China’s economic transition
Advertisement Beneath the surface, China has a vibrant backbone made strong by the synergistic effects of infrastructure, human capital, technology and an unparalleled commitment to a green transition. These interlocking strengths form a resilient foundation for sustainable growth in the years ahead. This synergy represents a wave of sustainable, quality development. China stands before a moment of great change as it cultivates a more well-rounded and diversified economy. One aspect of that synergy is the pace at which ideas travel from the laboratory to the market and are scaled into…
Trump signs order saying TikTok sale meets US requirements
US President Donald Trump on Thursday declared that a deal for TikTok satisfied the requirements of the US’ sale-or-ban law for the Chinese-owned short-video app, punctuating months of deliberations and years of angst in Washington over the app’s security implications. Advertisement “We have very good controls,” Trump said at the Oval Office on Thursday while signing an executive order on TikTok’s US operations, adding that Chinese President Xi Jinping had given him the “go ahead” on a deal in their call last week. Speaking at the Oval Office alongside Trump,…
Trump signs executive order to transfer TikTok to US owners
Donald Trump signed an executive order on Thursday outlining the terms of a deal to transfer TikTok to a US owner. Trump said he and China’s president Xi Jinping had come to an agreement to allow TikTok to continue operating in the US, separating the social media platform from its Chinese owner ByteDance. Trump said the deal complies with a law that would have forced the shutdown of the app for American users had it not been divested and sold to a US owner. “I spoke with President Xi and…
Li Qiang urges US business leaders to help improve trade relations
Chinese Premier Li Qiang met with US business, academic and civic leaders on Thursday in New York, urging them to use their influence to help improve troubled relations between the two economic giants. Advertisement Speaking on the sidelines of the UN General Assembly at a private meeting, Li said bilateral ties needed to be actively fostered. Their “steady development requires our two governments to work in the same direction,” said Li, addressing representatives from the National Committee on US-China Relations and the US-China Business Council. “These are all very important…
Trump administration ties Argentina support to rollback of China credit line
The Trump administration pressed Argentina on Wednesday to dismantle its currency swap arrangement with China, tying future financial support to President Javier Milei’s willingness to distance his government from Beijing during a week of high-stakes diplomacy at the United Nations General Assembly. Advertisement The demand, first reported by the local newspaper Clarín and confirmed by the Post on Thursday, was delivered in meetings between the two delegations in New York, where senior US officials made clear that Washington expected Buenos Aires to reduce reliance on Chinese credit lines. They argued…
Japan needs a vision, not just a leader
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Victory for either of the two frontrunners in the leadership election for Japan’s ruling Liberal Democratic party will make for a standout moment in the political life of the world’s fourth-largest economy. If 44-year-old agriculture minister Shinjiro Koizumi wins on October 4 and is appointed prime minister, he will be the country’s youngest head of government since the great reformer Hirobumi Ito took office back in 1885. If conservative veteran…
Merch sellers cash in on Kirk’s killing with flood of social media ads
Just hours after Charlie Kirk’s death was confirmed, hundreds of advertisements for memorial merchandise appeared on Facebook and Instagram. In a viral post with more than 8,000 shares and hundreds of thousands of likes, the brand See Jesus In You promoted an “Echo of Freedom” shirt with an American flag and Kirk’s signature, calling him a symbol of “faith, liberty, and America”. The simple shirt, which Kirk was wearing when he was assassinated, has become a hot commodity among his conservative supporters. Another clothing brand, Liberty Faith Gear, struck a…
China has announced its first target to cut emissions in real terms. What does it mean for Australia?
Anything China does on energy and climate change is very big news. Its plans ripple around the world, whether that’s in changing the demand for fossil fuels or affecting the impacts on the planet from global heating. On Thursday, Australia woke to the news that China’s president, Xi Jinping, had told the United Nations that for the first time his country was setting a target to cut – in absolute terms – its greenhouse gas emissions. In a video address, Xi said China’s emissions would fall by 7% to 10%…
From Intel to lithium, Trump borrows Beijing’s industry playbook in US-China race
From funding Intel to eyeing a potential stake in Lithium Americas, the United States is increasingly wielding the government’s “visible hand” in its once-celebrated free market – a strategy long associated with China. Advertisement Analysts said Washington’s recent embrace of industrial policy – though limited to certain strategic sectors, such as semiconductors and critical minerals – reflects growing concern over the vulnerability of global supply chains amid rising US-China competition. “I believe the US government is trying to take a leaf out of China’s playbook,” said Brian Wong, a fellow…