Latest in China's Plan
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China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - November 8 -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
OpenAI to present plans for U.S. AI strategy and an alliance to compete with China
OpenAI's official blueprint for U.S. AI infrastructure involves AI economic zones and government projects funded by private investors, according to a document.Business - CNBC - November 13 -
Hennessy Workers Strike Over Plans to Bottle Cognac in China
The walkout in France is the latest development in a simmering trade war between Europe and China.Business - The New York Times - 2 days ago -
China's Plan B to Save the Economy: A Crusade Against Busywork
When China’s top leaders pledged to act more aggressively to stimulate economic growth, they rounded off their remedies with a political order: Have fewer meetings and cut the busywork.World - The Wall Street Journal - Yesterday -
China blocking UK plans in Beijing amid east London mega-embassy dispute
Exclusive: UK rebuild of Beijing embassy held up as Angela Rayner faces fraught decision on Royal Mint Court site. UK politics live – latest updates China is blocking requests to rebuild the ...World - The Guardian - November 5 -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - November 7 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - November 8 -
French Cognac Workers Plan Strike Over Fears Bottling Business Could Move to China
Workers at distilleries Maisons Hennessey, Remy Martin, Courvoisier and Martell plan to go on strike next week over fears that the industry could relocate its bottling business to China in a bid to ...Business - The Wall Street Journal - 2 days ago -
Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - November 11 -
To China, Trump is ‘poison’
To the dismay of Chinese leaders who already had to deal with Trump for four years, they have not gotten the preferred outcome and are not looking forward to another term.Politics - The Hill - November 13 -
China’s economy braces for Trump
Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?World - Financial Times - 3 days ago -
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claimsWorld - ABC News - November 10 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
China fright ups the stakes for AstraZeneca
Pharma group needs some good news to ease investors’ nervesWorld - Financial Times - November 7 -
The ideology behind Xi Jinping’s China
How Marxist-Leninist theory still shapes policy in BeijingWorld - Financial Times - November 14 -
China braces for second Trump term
While on the campaign trail, President-elect Donald Trump vowed to put large tariffs on Chinese goods to protect American manufacturing, which might threaten the Asian nation's already-slowing ...Top stories - CBS News - November 16 -
Britain needs a coherent China strategy
The Labour government must determine where UK ‘red lines’ lieBusiness - Financial Times - 4 days ago -
Will China win the clean-energy era?
Trump loves fossil fuels but his sidekick Musk wants a piece of the actionWorld - Financial Times - 2 days ago -
China Readies for Trump Tariff Wave
A senior trade official says the U.S. taxes on Chinese exports will backfire, and the country’s economy can withstand ‘external shocks.’Business - Inc. - Yesterday -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
Trump’s Tax Plans
Three scenarios for how Republicans could approach cutting taxes next year.Top stories - The New York Times - November 15 -
Musk's plan to shrink the government
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, Ramaswamy tee up mass layoffs, rule rollbacks under Trump Tech entrepreneurs Elon Musk and Vivek ...Politics - The Hill - 2 days ago -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
How Democrats are planning to fight Trump's mass deportation plan
Advocacy groups opposing Donald Trump's plan to deport millions of undocumented immigrants are pre-drafting lawsuits that could be filed as soon as he takes office.Top stories - ABC News - 5 days ago -
Sinologist Li Cheng: ‘America is not in the mood to study China’
The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of changeBusiness - Financial Times - October 25 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
China hack targeted senior congressional Democrats
Chinese hackers also targeted cell phones belonging to senior Democratic officials in addition to former President Trump, Sen. J.D. Vance (R-Ohio) and people in the Harris campaign, The Associated ...Politics - The Hill - October 26 -
Voters: Beware the government’s China problem at home and abroad
If the public turns a blind eye to the Chinese government’s actions within our borders and to the broader implications of foreign policy on domestic security, who will pay attention?Politics - The Hill - October 26 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Bullied by China at Sea, With the Broken Bones to Prove It
A violent attack on a Vietnamese fishing boat tests Hanoi’s muted but resolute approach to China’s aggression in the South China Sea.Top stories - The New York Times - October 28 -
How Russia, China and Iran Are Interfering in the Presidential Election
Eight years after Russia interfered in the 2016 presidential election, foreign influence with American voters has grown more sophisticated. That could have outsize consequences in the 2024 race.Tech - The New York Times - October 29 -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - October 29 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
TikTok founder becomes China's richest man
Zhang Yiming's fortune has leapt to almost $50bn, according to a newly published rich list.Top stories - BBC News - October 29