China sends emergency return vehicle to space station to replace damaged craft

China has launched a replacement ship that will travel to its space station as a substitute return vessel. Advertisement The uncrewed Shenzhou-22 spacecraft carrying 600kg (1,320 pounds) of goods, including food and equipment, was launched at 12.11pm on Tuesday and was expected to dock with the Tiangong space station autonomously. That meant it could not make a safe return to Earth, and the spacecraft will now remain in orbit where it will be used for research. Advertisement Any further mishap could pose a challenge to the current Tiangong crew’s safe…

Japan’s Takaichi says Trump called after speaking with Xi

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Japan’s Prime Minister Sanae Takaichi spoke with Donald Trump on Tuesday, hours after the US president held talks with Chinese leader Xi Jinping at a time of rising tensions over Taiwan between east Asia’s two biggest economies.  Takaichi, who won the leadership of Japan’s ruling Liberal Democratic party last month, said Trump had requested the call and had “provided an explanation of the recent state of US-China relations”.…

Mining billionaire backs Australia rare earth project in race to boost west’s supplies

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The small Australian town of Parkes has been best known for hosting one of the world’s largest Elvis Presley festivals, but it is gaining global significance in the race to break China’s control of rare earths. Mining billionaire Robert Friedland is co-chair and the biggest shareholder in Sunrise Energy Metals, which plans a scandium mine in Parkes, 350km west of Sydney, that would start production in 2028. Sunrise raised $30mn…

Short bursts of oxygen deprivation could help treat depression: Chinese study

Brief, controlled bouts of oxygen deprivation – essentially moments of safe suffocation – can alleviate severe depression as effectively as electroconvulsive therapy (ECT) and ketamine, two of the most powerful treatments known to psychiatry, Chinese scientists have concluded. Advertisement This radical new approach, called acute intermittent hypoxia, harnesses a natural mechanism triggered by a temporary drop in oxygen in the brain and activates a naturally occurring compound known as adenosine, which acts as a biochemical “master switch” that rapidly reverses depressive symptoms. The research team has developed a prototype device…

China’s Xi Jinping raises future of Taiwan in call with Donald Trump

Chinese leader Xi Jinping has told Donald Trump that Beijing’s claims to Taiwan remain unchanged, in a phone call that came amid rising tensions over the self-governing island. Xi told Trump on Monday that Taiwan’s return to China was an “integral part of the postwar international order” forged in the joint US-China fight against “fascism and militarism”, according to the Chinese foreign ministry. China claims Taiwan as part of its territory and has vowed to annex it, by force if necessary. Taiwan’s democratically elected government strongly rejects China’s stance. The…

Trump talks to Japanese PM hours after his overnight call with China’s Xi

Japan’s Prime Minister Sanae Takaichi confirmed “the close cooperation” between Tokyo and Washington in a phone call with US President Donald Trump on Tuesday, hours after Trump spoke by phone with his Chinese counterpart Xi Jinping. Advertisement Takaichi said her conversation with Trump covered the strengthening of the Japan-US alliance along with the various challenges facing the Indo-Pacific region, according to the Fuji News Network. The phone call came amid escalating tension between Beijing and Tokyo over Takaichi’s earlier remarks that suggested Tokyo could deploy its military forces in the…

Bitcoin mining in China rebounds, defying 2021 ban

Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data-centre boom in some energy-rich provinces, according to miners and industry data. After its global bitcoin mining market share slumped to zero as a result of the ban, China crept back to third place with a 14 per cent share at the end of October, according to Hashrate Index, which tracks bitcoin mining activities. Advertisement The resurgence in bitcoin mining, which has also been corroborated…

India enacts major labour reforms

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. It’s good (ish) to be back home after more than three weeks away. Many thanks to my colleague Andres Schipani for stepping in for me last Friday, while I tried to decide if the blatant displays of wealth in Dubai were fabulous or vulgar. (Mostly vulgar, if I can’t afford it). In today’s newsletter, the proposal for 100…

Trump says he will visit China in April after call with Xi

President Donald Trump has said he agreed to visit Beijing in April and invited Chinese President Xi Jinping for a state visit later next year, following a phone call between the two leaders. Trump and Xi – who met nearly a month ago in South Korea – discussed a range of issues including trade, Russia’s invasion of Ukraine, fentanyl and Taiwan, according to the president and China’s foreign ministry. “Our relationship with China is extremely strong!” Trump wrote in a Truth Social post. China’s state new agency released a statement…

Starmer met Premier Li Qiang at G20 in South Africa amid Beijing visit rumours

British Prime Minister Keir Starmer spoke to Chinese Premier Li Qiang at the G20 summit last week amid speculation that he could visit Beijing early next year and the country’s controversial embassy in London will be approved. Advertisement The two leaders are understood to have greeted each other only briefly during a “brush-by” rather than holding formal bilateral talks, after which a readout covering what was discussed would usually be expected from Starmer’s office. China was represented by Premier Li rather than President Xi Jinping at the meeting in the…