The Wall Street Journal
- A Year Ago, a Star Banker Was Detained in China. He Has Just Resigned. — Fan Bao, founder of China Renaissance, became ensnared in a corruption investigation last year.
- How Do You Turn Around a Bear Market? China Has One Answer — The country’s stock market is in a yearslong slump. Beijing is turning to a familiar solution.
- Chinese EV Makers’ Shares Rise After Better-Than-Expected January Sales — January sales data painted a picture of slowing but still considerable demand in one of the world’s largest EV markets.
- WuXi Companies’ Shares Slide Amid Concerns Over Proposed U.S. Bill — U.S. lawmakers introduced a bill last Thursday that aims to bar federal contracts with some Chinese biotech companies.
The Financial Times
- China’s start-ups take on big global beauty brands — Savvy online marketing and low prices are helping local labels such as Judydoll and Jooycee gain ground.
- ‘Gutter-level’ talk: China-Philippines discord deepens over Taiwan — Ferdinand Marcos Jr has strengthened resistance to Beijing’s assertive tactics in South China Sea.
- Apple’s revenue growth clouded by worries about China slowdown — Tech giant’s shares lower even as earnings beat Wall Street expectations.
- Opinion: China needs to learn lessons from 1990s Japan — There are mistakes that policymakers in Beijing should avoid when grappling with a property crisis. By Gillian Tett
The New York Times
- India’s Quiet Push to Steal More of China’s iPhone Business — The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
- China and the U.S. Are Talking, but Their Détente Has Limits — Negotiations have resumed on restricting the flow of fentanyl into the United States. But Beijing may prove less cooperative on Iran and North Korea.
- Missing Chinese Banker Resigns After Investigation — China Renaissance Holdings said that its chairman and chief executive, Bao Fan, has stepped down after disappearing nearly a year ago.
- Trump’s Tariffs Hurt U.S. Jobs but Swayed American Voters, Study Says — The sweeping tariffs that former President Donald J. Trump imposed on China and other American trading partners were simultaneously a political success and an economic failure, a new study suggests.
Caixin
- Dajia Renews Efforts to Offload Assets of Fallen Insurer Anbang, Sources Say — Dajia Insurance Group Co. Ltd., the state-owned company set up to rescue Anbang Insurance Group Co. Ltd., is looking for buyers for two subsidiaries, sources with knowledge of the matter told Caixin.
- Charts of the Day: Thailand’s Four Favorite EV Models Are Chinese — Chinese-branded electric vehicles (EVs) claimed four of the top five best-selling EVs in Thailand last year, underscoring Chinese automakers’ growing lead in the Southeast Asian country’s electrification push.
- China Monthly New Property Sales Plunge to Five-Year Low — China’s real estate market is having a rough start to the year, with January new property sales plunging to a monthly low not seen in five years, despite government measures to boost the ailing sector as it grapples with a liquidity crisis.
South China Morning Post
- Apple’s China sales fall 13% in December quarter amid weak iPhone demand, increased competition from Huawei — Apple CEO Tim Cook shrugs off the setback amid the US tech giant’s overall global growth in the quarter and its confidence in the world’s biggest smartphone market over the long term.
- Why Samsung, TSMC are keeping cutting-edge chip production at home despite overseas incentives — Keeping advanced production at home allows companies to take advantage of better cost-efficiency and a more stable labour supply, analysts say.
- World’s first AI child unveiled in Beijing by award-winning Chinese scientist who left US for China — The artificial intelligence entity can independently assign tasks and learn autonomously.
Nikkei Asia
- China’s economy is headed for slower growth, IMF says — GDP expansion could drop to 3% range in 2024-25 without policy response on real estate.
- Apple sales return to growth but China woes continue — CEO remains ‘very optimistic’ about China over long run despite 12.9% decline.
- Chinese-owned Amer Sports rises 3% in tepid debut after U.S. IPO — Company behind Wilson and Arc’teryx brands was bought by Anta Sports in 2019.
Bloomberg
- China’s Investors Take Shots at State Media Spin as Stocks Fall — The Communist Party’s mouthpiece ran an editorial declaring China was brimming with “optimism” on Friday. Within hours, stocks tumbled and internet users clapped back with sarcasm.
- WuXi Shares Lose $17 Billion on Fear US to Target China Biotech — WuXi AppTec Co. extended losses in Hong Kong amid renewed investor concerns over a proposed US legislation that would ban the Chinese medical technology company and its units from government contracts.
- China Rebukes New Zealand For Flirting With Aukus Membership — China has rebuked New Zealand for flirting with the Aukus security pact, issuing a veiled warning that further steps toward membership could undermine trade with its largest export market.
Reuters
- Exclusive: China tells Ukraine to remove its firms from ‘sponsors of war’ list — China demanded on Thursday that Ukraine immediately remove more than a dozen Chinese companies from a list of firms designated as “international sponsors of war”, saying it wanted Kyiv to “eliminate negative impacts”.
- China tech is running to stand still in AI race — China’s technology giants are keeping up in artificial intelligence, but they may not be able to maintain their position for much longer. That’s exactly the outcome that Washington is looking for.
- Exclusive: Alibaba considers sale of consumer assets including Freshippo, RT-Mart – sources — Chinese internet giant Alibaba Group (9988.HK) is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said.
Other Publications
- Associated Press: China pledges more help for its ailing property market, as IMF forecasts economy will slow — Markets in China sank Friday despite a fresh flurry of measures to help prop up the ailing property sector, as the International Monetary Fund forecast that the Chinese economy will continue to slow in coming years.
- Foreign Policy: China is quietly expanding its land grabs in the Himalayas — As the world worries about an invasion of Taiwan, Beijing is methodically continuing its seizure of territory in Bhutan.
- Council on Foreign Relations: China and India compete for leadership of the Global South — China and India compete for leadership of the Global South, but it remains unclear whether either is winning.
- ChinaFile: “It’s Too Convenient to Say That Xi Jinping Is a Second Mao” — Xi emerges as a prisoner of the Party, and its history, as much as he is its leader.
