Latest in South China
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AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
China woes weigh on profits at Toyota, Honda and BMW
Even the strongest international carmakers are suffering from intense competition in the Chinese marketWorld - Financial Times - November 6 -
The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - November 6 -
AstraZeneca’s top China executive detained by authorities
Pharmaceutical group confirms four other current and ex-executives investigated, in addition to Leon WangWorld - Financial Times - November 6 -
China Has Detained a Senior AstraZeneca Executive
Leon Wang, executive vice president in charge of China and the broader Asian region, is being detained while the Chinese government is probing AstraZeneca employees, the drugmaker says.Business - The Wall Street Journal - November 6 -
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 -
US citizen arrested in Germany on suspicion of spying for China
An American citizen who allegedly spied for China was arrested on Thursday, Germany's federal prosecutor office said, as reported by The Associated Press. The suspect, Martin D., was arrested in ...Politics - The Hill - November 8 -
Indonesia’s president seeks closer ties to Xi and China
First foreign trip in office signals Beijing’s importance for investment but will be followed by US visitWorld - Financial Times - November 8 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - November 8 -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - November 8 -
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Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - November 8 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
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China Struggles to Shake Off Deflationary Pressures
China’s consumer prices edged up in October, while factory-gate prices continued to decline, underscoring the challenges Beijing faces in battling deflationary pressures despite a recent stimulus ...World - The Wall Street Journal - November 10 -
Making Fun of Men in China Comes at a Cost
Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.World - The Wall Street Journal - November 11 -
A Uyghur’s Escape From China Was Just the Beginning
He fled brutal repression — only to discover, as so many Uyghur refugees have, that China’s power stretches far beyond its borders.Top stories - The New York Times - November 10 -
China’s $1.4tn fiscal package fails to excite
Beijing unveils fiscal stimulus to help shore up its faltering economyWorld - Financial Times - November 11 -
Why China is betting on local governments to spur the economy
Fiscal package falls short of market hopes as Beijing braces for Trump tariffsWorld - Financial Times - November 11 -
Dozens killed in car rampage through Chinese stadium
At least 35 people are killed and 43 injured after a car ploughed into a crowd of people in Zhuhai.Top stories - BBC News - November 12 -
AstraZeneca says it takes China investigation ‘very seriously’
UK’s biggest pharmaceutical company ‘committed to China’ as it raises 2024 profit forecast and announces $3.5bn US investment. Business live – latest updates AstraZeneca’s chief executive has ...World - The Guardian - November 12 -
At least 35 killed in car ramming in southern China
Chinese authorities say 35 people are dead and 43 others injured after a man deliberately drove his car into a group of people at a sports center in the southern city of Zhuhai. A 62-year-old man ...Top stories - CBS News - November 12 -
Trump’s cabinet picks signal tough stance on China
Experts say appointments of Mike Waltz and others show president-elect is preparing more hawkish stance on BeijingBusiness - Financial Times - November 12 -
‘Robot revolution’ forces China’s human workforce to adapt
Factory machinery is evolving fast. Can the workers who will use it keep up?World - Financial Times - November 14 -
China arms itself for potential trade war with Trump
Beijing has enacted sweeping laws since US president-elect’s first term that would allow it to retaliate if threatenedWorld - Financial Times - November 14 -
How China Capitalized on U.S. Indifference in Latin America
Xi Jinping’s visit for summits and the inauguration of a port illustrates what some have called China’s economic marginalization of the U.S. in the region.World - The Wall Street Journal - November 14 -
China has trapped the tiger of AstraZeneca’s growth
The UK pharmaceutical company needs to resolve a corruption crackdown affecting senior executivesWorld - Financial Times - November 14 -
Biden to meet with China's Xi Jinping at APEC summit
President Biden is heading to South America Thursday with his first stop coming at the Asia-Pacific Economic Cooperation summit where he'll meet with Chinese leader Xi Jinping. CBS News chief White ...Top stories - CBS News - November 14 -
What is and isn’t concerning about China’s AI surprise
If we can avoid policy missteps at this critical moment, the AI race is ours to win.Politics - The Hill - November 14
