The West is splashing out hundreds of billions of dollars to maintain its edge in the fight over the world’s most critical technology. But China is playing the long game.
A flood of small packages driven by companies like Shein and Temu is causing Washington big headaches.
The Australian mining billionaire says Beijing is a strong competitor and his companies will continue investing in the world’s second-largest economy.
Xi is preparing China for war,and for that,he wants to make sure all parts of the economy are geared to respond to centralised control.
Penny Wong insists the government did not drop restrictions on Chinese-made wind turbines in exchange for the return of Australian wine to China.
Global greenhouse pollution hit a new record last year. That was almost entirely a China story.
President Xi Jinping has spent the past decade building the Chinese state around him and this week formally removed his final obstacle:the power of the State Council.
China Vanke is the latest property titan facing collapse. But while its embattled rivals have been left to flounder,Beijing has come rushing to its aid.
Western banks,their expat workers and foreign money are all taking flight from Hong Kong as Beijing tightens its grip on the region.
Premier Li Qiang has vowed to push ahead with transforming China’s economic growth model as he announced a new target of 5 per cent.
Yan Bingzhu,former top executive in the state-owned bank,is suspected of “seriously violating discipline and the law”.