Category: FT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adult children around the world returning home for festive celebrations often face the same fate: parents keen to share increasingly firm views on their life choices, from how to stack the dishwasher to who they should date. But few parents have honed their tactics quite like Chinese elders when it comes to cajoling their children into marriage and parenthood. The methods range from the mildly intrusive to the outright extreme.…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK accounting regulator is considering changes to strict auditing rules to encourage more Chinese companies to list in London in response to a government push to revive the City’s flagging stock market. The change, put forward by the Financial Reporting Council on Monday, would permit Chinese-registered entities to employ domestic auditing standards when they use London to offer global depositary receipts — securities that allow investment in companies listed…

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. You know the China story. Population? Huge. Economy? Very huge. Trade surpluses? Really huge. Maybe too huge.  Even as China floods the world’s markets with electronics, electric cars, and other high-tech goods, its own domestic demand for most products remains stubbornly weak. Retail sales are low. Oversupply of products is rampant. The country’s producer price index has been negative for three years. One culprit? What economists are now calling “involution”:…

President Donald Trump spooked the US automobile industry last month when he told business leaders during a visit to Detroit that he would “love” if Chinese carmakers built plants in the US, creating jobs and hiring “your friends and your neighbours”. His comments, coupled with hints by Geely that it could enter the US market within the next three years, have put American auto executives on edge over the possibility that the world’s second-largest car market could soon have cut-throat competition with Chinese rivals that has swept across Europe, south-east…

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is a professor at Cornell University, senior fellow at Brookings, and author of ‘The Doom Loop’ Is China winning the geopolitical game? The US appears isolated as President Donald Trump attacks not just rivals but long-standing allies. Trump’s boorish behaviour towards other countries allows Chinese leaders to act as the responsible adults in the room. China clearly wants to assume the mantle of being the defender…

China’s H World, one of the world’s biggest hotel groups, took in a record 8.3mn guests during last year’s Lunar New Year holiday — more than the entire population of Hong Kong. As this year’s festivities get under way and hundreds of millions of Chinese take to the road, the company expects to surpass that total. It added an estimated 1,700 hotels over 2025 on a net basis and is aiming for 20,000 by 2030 through US-style franchising, a fourfold increase on pre-pandemic levels. “With this kind of speed, for…