Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world
Investors expect price pressures to become entrenched in world’s second-largest economy
Also in this newsletter: the bull run in defence stocks, and the car industry’s software problem
Unusual diplomatic overture comes as Beijing braces for escalating tensions with new administration
Investors to Beijing: C-, must do better
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs
Beijing has struggled to stimulate domestic demand in economy
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plans
Beijing earmarks $11bn for expanded home appliance trade-in scheme amid concern over weak economic momentum
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relations
President Prabowo Subianto wants to cater for 82mn students and pregnant mothers to boost growth and attainment
He drove radical reform of an anti-market policy regime that was strangling growth
Tech giant and biggest EV battery maker say designation as Chinese military companies is a ‘mistake’
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on markets
China is marshalling its forces for long-term competition against an America that it believes is divided and in decline
Investment in ‘oil of the 21st century’ will support country’s development of renewable power
Washington’s leverage over countries in the region is waning as China’s influence grows
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party stats
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent years
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instincts
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentals
President uses new year address to stress support for country’s vulnerable people and reiterate Taiwan stance
Also in this newsletter: health insurers’ claims record, and how Rishad Premji stays sharp
Measure abandoned days before deadline after lenders launched legal challenges and imposed fees