China and US must halt escalating weaponisation of trade, Chinese scholar urges

China and the United States should refrain from weaponising more aspects of their relationship, a Chinese scholar has urged, as the world’s two largest economies prepare to hold a fresh round of negotiations to cool down a recent flare-up in tensions. Advertisement “It’s very important that the two sides need to have some kind of self-restraint,” said Da Wei, director of Tsinghua University’s Centre for International Security and Strategy, at the Bund Summit in Shanghai on Thursday. “Stop trying to find new weapons against the other side.” Most notably, Beijing…

China’s plenum has just finished – here are five key takeaways

China’s Communist party has approved early plans for its next major political blueprint, after a week-long meeting in Beijing. A press conference on Friday morning marked the end of China’s fourth plenum, a key meeting in the country’s political cycle and a crucial one in the development of its 15th five-year plan, which is due early next year. Recommendations for the next plan were broadly outlined in Friday’s press conference and an earlier communique. Although many of the priorities are no secret, analysts and markets are watching keenly to see…

Chinese team unveils smart, super-tough coating for stealth aircraft

China has developed a flexible, durable aircraft coating that absorbs radar waves, potentially closing a critical technological gap and redefining the future of aerial stealth. Advertisement A study published on October 14 in Advanced Materials details a scalable, flexible and ultra-thin (0.1 mm) metasurface capable of withstanding temperatures up to 1,000 degrees Celsius (1,832 degrees Fahrenheit). The material features tunable impedance, making it suitable for aerospace electromagnetic wave absorption. It shows balance between performance, durability and manufacturability, and could have potential applications in fighter aircraft, according to the paper. The…

Japan’s Kirin to seek buyer for Four Roses US whiskey line

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s Kirin Holdings has put its Kentucky bourbon brand Four Roses up for sale at a price of $1bn, as the brewer pivots away from the struggling spirits sector towards healthcare. Kirin has been working with advisers from UBS to test interest from potential buyers in recent weeks, with first-round bids expected as early as next month, according to two people familiar with the matter. The sale process comes during…

Nexperia China defies Dutch headquarters’ order to oust executive

Nexperia’s Chinese subsidiary has publicly rejected a decision by the Dutch headquarters to remove John Chang as vice-president of global sales and marketing, declaring the dismissal legally ineffective in China and escalating a conflict that has garnered international attention. Advertisement Nexperia China, the chipmaker’s primary entity in the country, said the dismissal “shall not have legal effect within the jurisdiction of China”, claiming it violated local company and labour laws, according to a statement published in both Chinese and English on the unit’s WeChat account on Thursday. Chang, a veteran…