Home prices in mainland China continued to decline at a rapid pace in December, posing challenges for an economy that is struggling to find new growth drivers. New home prices fell 0.4 per cent month on month on average across 70 cities, according to data from the National Bureau of Statistics (NBS) on Monday. The fall matched November’s drop and was among the steepest in more than a year. Prices slipped 3 per cent year on year in December, accelerating from a 2.8 per cent drop in November. Only six…
Day: January 18, 2026
China registers lowest number of births since records began
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China last year registered the lowest number of births since records began, marking the fourth consecutive year of population decline as policymakers grapple with a demographic crisis. On Monday, the government reported that 7.92mn babies were born in 2025, down from 9.54mn the year before, and the lowest number of births since 1949. Last year, 11.31mn people died. China’s population fell by 3.39mn to 1.405bn. The numbers were published alongside…
China’s GDP grows 5% in 2025 as exports offset weak domestic outlook
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s GDP grew 5 per cent last year despite US President Donald Trump’s tariff war, as booming exports offset more anaemic growth in the domestic economy, according to official data. The results underline challenges facing Beijing’s policymakers as the economy becomes increasingly reliant on exports and manufacturing to maintain growth at a time when Trump’s policies are creating ever greater uncertainty over global trade. The data released on Monday by…
Elliott rejects Toyota Motor’s latest $34bn take-private offer for subsidiary
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elliott Management, one of the world’s most prominent activist investors, has urged shareholders to block an attempt by Toyota Motor to take its largest subsidiary private in a ¥5.4tn ($34bn) deal that has become a test case for corporate governance reform in Japan. Last week, Toyota Motor raised its offer to buy forklift maker Toyota Industries by 15 per cent to ¥18,800 per share from the ¥16,300 proposed last year…
Rare Communist conclave plots Vietnam’s course through Trump tariffs
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vietnam’s ruling Communist Party has kicked off its five-yearly conclave to select a new leadership slate for one of the world’s fastest growing economies, as it navigates a global trade war and sweeping domestic reforms. The seven-day congress began on Monday in Hanoi, where 1,600 party delegates from across the country will choose a central committee and politburo as well as set key economic targets for the country. The event…
China hits 2025 GDP target – but quarterly growth drops to 3-year low
China has confirmed that it achieved its annual growth target last year as the economy weathered an unprecedented trade war with the United States, but growth slowed to a three-year low in the final quarter, dragged down by a series of domestic headwinds. The country’s gross domestic product (GDP) rose 5 per cent from a year earlier in 2025, in line with the government target of “around 5 per cent”, according to data released by the National Bureau of Statistics on Monday. The impressive growth came as China’s vast export…
China, Chile to explore Atacama Trench in Pacific with ‘tools no other country possesses’
China and Chile are set to launch a three‑month expedition into the uncharted depths of the eastern Pacific Ocean – a “historic opportunity” to seek new forms of life and geological insights into the causes of earthquakes and tsunamis. Setting off aboard the Chinese research vessel Tan Suo Yi Hao on Monday, the researchers will cover 700km (435 miles) around the Atacama Trench, one of the deepest and least explored regions of the eastern Pacific. The expedition, three years in the making, is… South China Morning Post
Factory explosion in China kills two, injures 84
A huge explosion at a factory in northern China has killed two people and injured 84 others, with five people still missing, state media reported. The blast happened at around 15:00 local time (07:00 GMT) Sunday at Baogang United Steel plant in Inner Mongolia, causing noticeable tremors in the area. Footage online showed the explosion sending large plumes of smoke into the sky, while the ground was littered with debris, including collapsed ceilings and pipes. Five among the dozens hospitalised suffered serious injuries, state media reported. Authorities are investigating the…
John Mearsheimer on Trump and why Iran isn’t Venezuela and Venezuela isn’t Panama
John Mearsheimer is the R. Wendell Harrison Distinguished Service Professor of Political Science at the University of Chicago, where he has taught since 1982. He has written extensively on security issues and international politics and is best known for his theory of offensive realism, which holds that to dominate the international system, great powers must constantly engage in security competition with each other, sometimes leading to war. In this, our 100th Open Questions interview,… South China Morning Post
How Trump’s Venezuela strike humiliated Russia and worried China
US President Donald Trump’s actions in Venezuela and the kidnapping of the country’s president, Nicolas Maduro, have put Russia and China – widely considered two of Caracas’ most important international partners – in a difficult position. If they do not significantly reduce ties with the Latin American nation, they risk Washington’s retaliation. But who has more to lose, Moscow or Beijing? Unlike previous American leaders, Trump has not made any pretence about protecting democracy and human… South China Morning Post