Latest in China Lifeline
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China's overqualified youth taking jobs as drivers, labourers and film extras
With high youth unemployment rates, Chinese graduates are resorting to working as waiters, cleaners and movie extras.BBC News - Jan. 3 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Antony Blinken: ‘China has been trying to have it both ways’
The outgoing US secretary of state on putting pressure on Beijing over Ukraine, the ‘road map’ for Syria — and why America must co-operate in order to leadFinancial Times - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3