FTSE 100 close: London markets given a lift as hopes rise for Chinese recovery September 11, 2023 A return to inflation will be welcomed by policymakers in the Chinese communist party, who are attempting to reignite growth in China's stumbling economy.
Sunak hits out at Chinese interference after parliament ‘spy’ arrested September 10, 2023 Rishi Sunak said he raised concerns over reports of a Chinese spy in parliament
TikTok: Lawyers hope new data centre can ease privacy fears September 8, 2023 Tiktok has opened a European data centre which lawyers say could quell international privacy fears currently plaguing the app. This week the Chinese video app opened a new data centre based in Dublin as part of an effort to calm European data privacy concerns around the app’s links to China. ‘Project Clover’, as it has [...]
‘India’s son-in-law’: Sunak’s headache projecting Britain abroad while problems mount at home September 8, 2023 It’s the age-old headache for prime ministers, and Rishi Sunak is no different. Overseas trips – full of opportunities to appear statesmanlike, gladhand other world leaders, and represent Britain on the global stage – always seem to come at the worst possible time. At the G7 in Japan earlier this year – possibly jetlagged and [...]
Rishi Sunak at G20 in India with hopes for post Brexit trade deal talks September 8, 2023 Rishi Sunak is set to land in New Delhi for the G20 summit in what No10 called a “historic moment”, amid trade deal negotiations to land an agreement with India. The prime minister, travelling with his wife Akshata Murty, will meet Indian prime minister Narendra Modi for bilateral talks. And officials have not ruled out [...]
FTSE 100 close: London markets falls after poor services PMI data raises risk of recession September 5, 2023 By the mid-afternoon, the FTSE 100 was trading around 0.3 per cent higher while the midcap FTSE 250 rose 0.1 per cent.
China: Country Garden avoids default after making interest payments on offshore bonds September 5, 2023 Property developer Country Garden has made interest payments on two US dollar bonds just before a grace period was coming to an end, ensuring it avoided default.
UK solar projects risk being ‘tainted’ by Uyghur forced labour, government told September 5, 2023 UK solar energy projects could be at risk of being “tainted” by forced Uyghur labour due to large-scale human rights abuses taking place in China, the government has been warned. Foreign Affairs Select Committee chair Alicia Kearns has tabled an amendment to the Energy Bill – which MPs are set to debate today – calling [...]
China: Country Garden share price soars after vote to restructure debt and avoid default September 4, 2023 Shares in Chinese property developer Country Garden soared after investors backed proposals to restructure its debt, easing pressure on the embattled company.
Cleverly will not ‘shy away from tough conversations’ while in Beijing August 30, 2023 James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory party. The Foreign Secretary insisted the visit would allow him to have “tough conversations” with the Chinese on issues including repression in Hong Kong, and human rights abuses in Xinjiang [...]