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China’s export growth accelerated sharply in the first two months of this year, defying last year’s high base while experts pointed to the likelihood of strong momentum for the rest of the year. Exports rose by 21.8 per cent from a year earlier to US$656.58 billion in the combined figures for January and February released by the customs administration on Tuesday. This represented a huge jump from the 6.6 per cent growth recorded in December and the 5.5 per cent climb recorded for all of last year. Advertisement Imports for…
Xiong Xuanguo, who was vice-minister of justice from 2016 to 2023, said China’s legal system was not integrated with others around the world, making it difficult for the country to enforce its court judgments abroad. To tackle the problem, China should train its arbitrators to meet global standards and also hire experienced foreign arbitrators, said Xiong, now a member of the Chinese People’s Political Consultative Conference, the country’s top political advisory body. Advertisement “We should enlist some well-recognised international arbitrators and mediators to guide arbitration and mediation institutions as they…
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog Financial Times
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. Yesterday saw oil prices crossing $110 per barrel before tumbling below $90 after Donald Trump told reporters late in the evening that the war would be over “very soon” — although the US president indicated that it would not be within this week. In New Delhi, foreign minister S Jaishankar informed parliament that India remained in favour of…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A US waiver allowing India to buy Russian oil that is already at sea will bring immediate but very limited relief to Indian refiners facing a supply shock in the Middle East, which accounts for nearly half their country’s crude imports. Washington announced last week it was granting New Delhi a month-long exemption to buy Russian crude that was loaded on vessels before March 5, a move analysts…
“It formalises an ideological framework related to a ‘common consciousness of the Chinese nation’ across education, religion, history, culture, tourism, mass media and the internet and directs that this ideology be integrated into urban and rural planning and economic development,” said Human Rights Watch China Researcher, Yalkun Uluyol. BBC
In its work report delivered on Monday, the National People’s Congress Standing Committee, the country’s top legislative body, said it would also amend existing laws, including the People’s Bank of China Law and the Banking Supervision and Management Law. The work report outlined a broad legislative agenda for 2026. Advertisement Fu Weigang, president of the Shanghai Institute of Finance and Law think tank, said the financial law was likely to be a comprehensive, overarching framework covering all aspects of finance and turning Beijing’s grand vision into enforceable rules. “There may…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A Republican-led congressional committee has demanded information from a financial firm linked to the Trump family about its role facilitating the US IPOs of Chinese stocks implicated in pump-and-dump schemes. Dominari Securities, whose parent company counts Donald Trump Jr and Eric Trump as members of its advisory board, is one of three US underwriters of initial public offerings that were sent letters on Sunday by the House committee…
Potential US innovation in recycling electronic waste, combined with refining and processing, will allow the US to leapfrog China in critical minerals, an official at the Department of Energy said on Monday amid Washington’s aggressive attempts to counter China’s dominance in the industry. Recycling metals, materials and magnets within the US is one of the fastest ways the country can impact the critical minerals supply chain, and entrepreneurs across the US are “pioneering” new techniques that allow for more efficient and effective processing, Assistant Secretary of Energy Audrey Robertson said…