Climate change, rising seas and China’s push for influence are set to dominate talks at the Pacific Islands Forum in Solomon Islands this week, in a meeting already marked by geopolitical tensions. The lead up to the forum has already been fraught with tensions after Solomon Islands prime minister Jeremiah Manele excluded external partners – including China, the US and Taiwan – from discussions. A proposal to declare the Pacific an “Ocean of Peace” and the climate crisis are among the key issues likely to be discussed as Pacific leaders…
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Trump says overseas experts welcome after crackdown on Hyundai
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump called on multinational companies to “respect” US immigration laws but admitted experts from overseas should be allowed to come to the US to train American workers in the wake of the arrest of South Korean workers in Georgia. US authorities last week arrested 475 workers at a Hyundai electric-car battery factory, the majority of them South Korean nationals, in the US Immigration and Customs Enforcement agency’s…
Trump warns multinationals to respect immigration laws after Hyundai crackdown
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China paves way for renminbi fundraising by Russian energy giants
Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. China is preparing to reopen its domestic bond market to major Russian energy companies, in a shift of policy that reflects deepening diplomatic and economic ties between Beijing and Moscow. Two people familiar with the matter said senior Chinese financial regulators told top Russian energy executives at a late August meeting in China’s southern city of Guangzhou that they would support their companies’ plans to sell renminbi “panda…
There’s an unexpected climate upside to Trump’s tariff regime
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 senior director for economics at Opportunity Green, a think-tank The Trump administration’s attempted reshaping of the global economic order via a sweeping new tariff regime is producing inadvertent opportunities for the rest of the world. “America First” policies are opening new spaces for action on climate change. This has not been immediately obvious. Trump’s disdain for climate science is notorious. His energy secretary, Chris Wright,…
UK’s new business secretary Peter Kyle expected to visit Beijing in first week
The UK’s new business secretary, Peter Kyle, is expected to fly to Beijing this week as part of Keir Starmer’s continuing efforts to revitalise the UK’s trade relationship with China and provide growth to the British economy. The former science and technology secretary, who was promoted in Friday’s government reshuffle, is expected to land in China on Wednesday, picking up the schedule of his predecessor, Jonathan Reynolds, who is now the chief whip. Kyle will first travel to Washington as part of the preparations for Donald Trump’s state visit to…
Maps: Tracking Tropical Storm Tapah
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South Korea charters plane to repatriate workers after US battery factory raid
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world South Korea has chartered a plane to repatriate hundreds of workers detained by US federal immigration agents after a raid on an electric-car battery factory operated by Korean conglomerates Hyundai and LG. South Korean officials completed talks with their US counterparts over the release of the workers and the government had dispatched a plane to bring them home, a senior presidential official said in televised remarks on Sunday.…
Japan’s prime minister quits to make way for new leader
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s Prime Minister Shigeru Ishiba said on Sunday he had decided to resign to make way for a new leader, setting up an emergency presidential race within the fractured Liberal Democratic party. Ishiba’s decision, which comes less than a year since he assumed the premiership, pre-empted a vote within the LDP on Monday, at which a majority of LDP parliamentarians were expected to demand a leadership election and force Ishiba…
‘There is only one player’: why China is becoming a world leader in green energy
China’s vital statistics Chinese power took on an old-fashioned hue in the past week with a huge military parade, a gathering of former allies Russia and North Korea, and President Xi Jinping’s defiant vow not to be intimidated by bullies. Soldiers march during a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Tiananmen Square in Beijing, China. Photograph: Lintao Zhang/Getty Images That display reminded many of the cold war, but it captured only a fraction of China’s far greater modern…