FT: China’s record $2.6tn rise in savings fuels ‘revenge spending’ hopes
Doubts linger over consumers’ willingness to deploy ‘excess’ deposits
FT: Pakistan taps Chinese credit for railway upgrade despite debt crisis
Islamabad says $10bn revamp of colonial-era line is essential even as it faces risk of default and forex reserves plunge
FT: The 6G showdown with China is coming
Now that 5G, or fifth-generation mobile telephony, is being rolled out across the world, the race for 6G is on.
FT: Mongolia puts its faith in China railway to boost Covid-battered economy
Cross-border trade was interrupted over fears truck drivers spread the virus
FT: Huawei to relaunch 5G phone despite US sanctions
Chinese tech group works to bypass penalties by redesigning phone to avoid restricted advanced chips
FT: China’s Big Fund corruption probe casts shadow over chip sector
Investment plummets after Beijing’s largesse laid ground for alleged graft and wasteful spending.
FT: Bipartisan group urges US blacklist for ‘Beijing-directed’ chipmaker
Leading members of Congress raise alarm over YMTC after allegations of co-operation with Huawei
FT: Fortress China: Xi Jinping’s plan for economic independence
The underlying objective, say analysts, is to build a “fortress China” — re-engineering the world’s second-largest economy so it can run on internal energies and,... MORE
FT: China’s state banks cut deposit rates for first time since 2015
Move comes after the world’s second-largest economy slashed benchmark lending rates in August
FT: China faces a new test of its economic statecraft
Beijing must learn from its mistakes if it is to make a success of the Global Development Initiative