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Here’s a preview of a new audiobook, Global Tech Wars: China’s Race to Dominate. For decades, China’s economic rise has been symbolized by its unstoppable force of low-cost manufacturing. Now, it’s the leading country in cutting-edge industries like artificial intelligence, electric vehicles, surveillance technology, and more. In Global Tech Wars, Financial Times’ veteran journalist James Kynge analyzes China’s rapid technological ascent and what it means for the future. If you like what you hear, find the full audiobook at Pushkin, Audible, Spotify, or wherever you get your audiobooks.See omnystudio.com/listener for privacy information.
Here’s a preview of a new audiobook, Global Tech Wars: China’s Race to Dominate. For decades, China’s economic rise has been symbolized by its unstoppable force of low-cost manufacturing. Now, it’s the leading country in cutting-edge industries like artificial intelligence, electric vehicles, surveillance technology, and more. In Global Tech Wars, Financial Times’ veteran journalist James Kynge analyzes China’s rapid technological ascent and what it means for the future. If you like what you hear, find the full audiobook at Pushkin, Audible, Spotify, or wherever you get your audiobooks.See omnystudio.com/listener for privacy information.
China's patent applications have surpassed every other country for over a decade and the speed with which technology out of China impresses the world has picked up in the last few years. Its factories churn out cutting-edge electric vehicles packed with futuristic features – so advanced that European carmakers are now partnering with Chinese firms to gain access to their technology. A complete reversal of the old playbook. In renewable energy and green tech, China has leapfrogged to become the world leader in both production and innovation.Then came the DeepSeek moment: an AI breakthrough from a little-known Chinese company, proving that China can build models on par with America's best – at a fraction of the cost. And all this despite restrictions on high-tech imports from the West. Time and again, China's innovations catch businesses, governments, and analysts in Europe and the U.S. off guard. With massive investments in quantum computing, biotech, and nuclear technology, what's next?On April 7, we hosted an Oxford Debate LIVE on the motion: Innovation Made in China Will Change the World. Hear clear-cut arguments in support and against from:James Kynge, a writer on Chinese technology, the economy and geopolitics, who spent 28 years reporting on China for the Financial Times.John Lee, 2025 TOY Senior Fellow at Asia Society Switzerland and Director of East West Futures, a consultancy specializing in China's high-tech industries, political economy, military capabilities, and international diplomacy.Antonia Hmaidi, Senior Analyst at the Mercator Institute for China Studies in Berlin, working on the geopolitics of technology, China's pursuit of tech self-reliance, China's cybersecurity and hacking campaigns.Yuka Kobayashi, a British Academy Global Innovation Fellow in DGAP's Center for Geopolitics, Geoeconomics, and Technology. She is on leave from SOAS, University of London where she is senior lecturer of China and international politics.The full debate, including a conversation in which the debaters delve deeper into their arguments, is available to watch on Asia Society's YouTube channel here.Stay up-to-date on all events and activities at Asia Society Switzerland: subscribe to the newsletter and support our work by becoming a member.-STATE OF ASIA is a podcast from Asia Society Switzerland. Season 8, episode 10 - Published: April 8, 2025Host: Remko Tanis, Asia Society SwitzerlandEditor: Remko Tanis, Managing Editor, Asia Society Switzerland
#cuttheclutter China's exports to the world have increased significantly in the last 30 years, with Beijing's surplus now crossing the $ 1 trillion-mark. In Episode 1588 of Cut The Clutter, ThePrint Editor-in-Chief Shekhar Gupta explains how China weaponised trade to use it as an agent of growth, what it means for the world, particularly India and the US ahead of Trump inauguration. --------------------------------------------------------------------------------------------- Read Keith Bradsher's report in the New York Times 'China's Trade Surplus Reaches a Record of Nearly $1 Trillion': https://nytimes.com/2025/01/12/business/china-trade-surplus.html --------------------------------------------------------------------------------------------- Read 'China's trade surplus hits annual record of almost $1tn' by Joe Leahy and Arjun Neil Alim in Financial Times: https://www.ft.com/content/f71a3570-020f-4c43-a0ab-7143f5f9fd98 --------------------------------------------------------------------------------------------- Read Robert D. Atkinson's opinion 'We Are in an Industrial War. China Is Starting to Win': https://www.nytimes.com/2025/01/09/opinion/china-industrial-war-power-trader.html --------------------------------------------------------------------------------------------- Read FT's 'Will China's manufacturing juggernaut run out of road?' by Joe Leahy, Tina Hu, and Chan Ho-him: https://www.ft.com/content/9aca35b4-b698-41ed-857d-ccb327abce94 --------------------------------------------------------------------------------------------- Read 'The looming trade tensions over China's subsidies' by FT's Joe Leahy, James Kynge, and Sun Yu: https://www.ft.com/content/a5101a0d-a1bf-4591-82f1-4fd9a5fadbec --------------------------------------------------------------------------------------------- Read 'China's Flood of Cheap Goods Is Angering Its Allies, Too' by Jason Douglas, Jon Emont and Samantha Pearson in the Wall Street Journal: https://www.wsj.com/world/china/chinas-flood-of-cheap-goods-is-angering-its-allies-too-51284954 --------------------------------------------------------------------------------------------- Read 'Made in China 2025' thrives with subsidies for tech, EV makers' by Kenji Kawase: https://asia.nikkei.com/Business/Business-Spotlight/Made-in-China-2025-thrives-with-subsidies-for-tech-EV-makers --------------------------------------------------------------------------------------------- Link to EU's data on trade with China: https://ec.europa.eu/eurostat/statistics-explained/SEPDF/cache/55157.pdf --------------------------------------------------------------------------------------------- Link to Rush Doshi's book 'The Long Game: China's Grand Strategy to Displace American Order': https://www.goodreads.com/en/book/show/52617647-the-long-game --------------------------------------------------------------------------------------------- Link to Brad Setser's X account: https://twitter.com/Brad_Setser?t=BdRRVS-785oSJeeqs487Mw&s=09 --------------------------------------------------------------------------------------------- Link to Trinomics' X handle: https://x.com/Trinhnomics?t=3vNueYPIcSdMqOQTMlBCyg&s=09 (edited)
The next superpower will be a tech superpower, and to be that superpower you need to have some control over the semiconductor industry which is driving the AI revolution. But almost all advanced semiconductors are made in Taiwan — and it is under constant threat of a Chinese invasion. President Joe Biden's Chips Act promises lavish subsidies to companies working to bring semiconductor manufacturing back to US soil. Will those subsidies survive once Donald Trump, the president-elect, is in the White House? In a new season of Tech Tonic the FT's James Kynge, is in Phoenix, Arizona, the former heartland of American chip manufacturing. He speaks to those trying to revive the US chipmaking industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Tim Bradshaw. Hosted on Acast. See acast.com/privacy for more information.
Amid the artificial intelligence boom, demand for AI chips has exploded. But this push for chips also creates new challenges for countries and companies. How will countries cope with the huge amounts of energy these chips consume? Will anyone compete with Nvidia to supply the AI chips of the future? And can China develop its own chips to fuel its own AI development? James Kynge visits a data centre to find out how advanced AI chips are causing new problems for the sector. In Phoenix, Arizona, James meets Mark Bauer, co-leader with JLL's Data Center Solutions group, and Frank Eichenhorst, vice president of data centre operations at PhoenixNAP. How will the clash of titans play out between NVIDIA and Big Tech? And we hear from Amir Salek, senior managing director at Cerberus Capital and the brains behind Google's TPU chip; Tamay Besiroglu, associate director of Epoch AI; Dylan Patel, lead analyst at consulting firm SemiAnalysis; and the FT's global tech correspondent Tim Bradshaw to find out more about the battle for AI chips. SMIC did not respond to a request for comment.Free links to read more on this topic:Nvidia and the AI boom face a scaling problemChip challengers try to break Nvidia's grip on AI market Amazon steps up effort to build AI chips that can rival NvidiaTSMC says it alerted US to potential violation of China AI chip controlsPresented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Joseph Enrick Salcedo, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Tim Bradshaw.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The global tech industry depends on Taiwan's semiconductor chips and many believe the sector plays a key role in the island's national security, helping stave off an invasion from mainland China. But as relations between China and Taiwan worsen, some countries are taking steps to become less reliant on Taiwanese chips. Already, the US, Germany and Japan have lured Taiwanese semiconductor makers to their own shores. Could that make Taiwan a more vulnerable target for attack?Presenter James Kynge visits the island and speaks to FT greater China correspondent Kathrin Hille, Taiwan's science and technology minister Cheng-Wen Wu, the president of Taiwan's semiconductor industry association Chih-I Wu, UMC associate vice-president Michael Wang, and Hsin-mei Cheng, writer and producer of 'Zero Day', a TV show about a hypothetical invasion from the mainland.Free links to read more on this topic:US and Taiwan seek to strengthen drone supply chain to keep out China Taiwan's new leader faces China threat and voters left behind by chip boom Taiwan on the faultline Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Sam Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Kathrin Hille.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Semiconductors are one of the most complex and technically difficult pieces of hardware to make in the world – which is why they've become a flashpoint for tensions between the US and China. For years, semiconductor technology has advanced at a breakneck pace - but there are signs that this might be slowing down. What will that mean for the global fight for chips? The FT's longtime China correspondent James Kynge travels to the Netherlands to see ASML's extreme ultraviolet lithography system, one of the most complex machines on the planet. Plus, we hear from the man at Intel charged with keeping Moore's Law going, and from Chris Miller, author of Chip War: The Fight for the World's Most Critical Technology. Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Joseph Salcedo and Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Tim Bradshaw.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The next superpower will be a tech superpower, and to be that superpower you need to have some control over the semiconductor industry which is driving the AI revolution. But almost all advanced semiconductors are made in Taiwan — and it is under constant threat of a Chinese invasion. President Joe Biden's Chips Act promises lavish subsidies to companies working to bring semiconductor manufacturing back to US soil. Will those subsidies survive once Donald Trump, the president-elect, is in the White House? The FT's James Kynge, is in Phoenix, Arizona, the former heartland of American chip manufacturing. He speaks to those trying to revive the US chipmaking industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Tim Bradshaw.Clips: The Joe Rogan Experience, CNBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
There's a battle going on for control of the global semiconductor industry – the chips that are in virtually every piece of electronics we use from our phones to our cars to the latest AI software. For the past half century, chips have quietly powered the technological revolution. In this series, James Kynge goes deep into the miracle of modern chip manufacturing and the struggle over who commands its future.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Special thanks to Tim Bradshaw. Hosted on Acast. See acast.com/privacy for more information.
China is pushing the frontiers of scientific research, launching missions to the Moon and exploring the remotest places on Earth. It's part of China's grand plan to be the world leader in science and technology. But why are science and tech so important to Beijing, and is China's rise as the next tech superpower inevitable? James Kynge concludes this season of Tech Tonic with Eleanor Olcott, the FT's China tech correspondent, Matthew Funaiole from the Center for Strategic and International Studies, Matt Sheehan from the Carnegie Endowment for International Peace, and Yasheng Huang, professor at the MIT Sloan School of Management. Clips: BBC News, Sky News Australia, DW NewsPresented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Since the emergence of chatbots like ChatGPT, China has made building its own advanced AI a priority. But to build AI it needs the most advanced computer chips, and the US has banned companies from selling them to China. The FT's James Kynge visits China to find out how the country is turning to smuggling to get its hands on high-end chips for AI research. And he visits Chinese tech giant Huawei — one of the companies at the vanguard of China's efforts to start making its own advanced AI chips. Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In China, you can find robots serving food in restaurants, delivering room service in hotels, and cleaning floors in office buildings. But it's in factories where China wants robots to make the biggest difference. China's population is starting to shrink. With the number of workers set to plummet, will robots be able to fill the gap? The FT's James Kynge visits Chinese robot makers in Shenzhen, and speaks to demography expert Wang Feng about the scale of the demographic challenge facing China today. Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Hess shareholders approved a controversial takeover bid from Chevron, and South Africans vote today in the most contested election since the end of apartheid,Plus, the FT's James Kynge argues that China is winning the tech war with the US. Mentioned in this podcast:South Africa's ‘lost leader' faces the end gameGeorgia adopts Russian-inspired ‘foreign agents' lawTech Tonic podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In this episode, long-time FT China correspondent James Kynge travels to Lagos to hear about the success of Chinese-backed companies in Nigeria – and some of the looming concerns. We hear about Transsion, a massive Chinese mobile phone company that perfected its business model in the street markets of Nigeria, and the Chinese-owned online lending apps that are facing scrutiny from regulators. James speaks to Yang Wang, senior analyst at Counterpoint Research, Babatunde Irukera, former director-general of Nigeria's Consumer Protection Council, Adedeji Olowe, board chair at Paystack, and Moses Nmor, co-founder of BFREE Africa.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
China's BYD has become one of the world's largest electric vehicle manufacturers, thanks to its low production costs. The US has slapped a 100% tariff on Chinese EV imports to protect its own sector but BYD has its sights set on Europe. The FT's James Kynge reports from Germany to find out what established European carmakers make of this burgeoning competition, and how the EU is handling it. We hear from the FT's June Yoon, automobile analyst Stefan Bratzel, European Commission spokesperson for trade Olof Gill, and Manuel Kallweit, chief economist at German car lobby group VDA. Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Clips: Bloomberg, CNBC, DWRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
How did China go from tech imitator to innovator? The FT's James Kynge reports from Shenzhen, known as China's Silicon Valley, where he explores the city's vast electronics markets with inventor Noah Zerkin, an American who's based himself in China, visits robot start-up Youibot and hears from DJI about how it became the world's biggest drone manufacturer. Plus, Matt Sheehan, a China watcher focused on technology at the Carnegie Endowment for International Peace, and Qi Zhou, a venture capitalist based in Shenzhen, explain why China's tech success stories are turning established narratives on democratic freedoms and innovation on their head. Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In a new season of Tech Tonic, longtime FT China reporter Jame Kynge travels around the world to see how China is pushing towards tech supremacy. Will China be able to get an edge in crucial technological areas? What does China's attempt to leapfrog the west look like on the ground? A 6-part series looking at China's tech industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
In a new season of Tech Tonic, longtime FT China reporter Jame Kynge travels around the world to see how China is pushing towards tech supremacy. Will China be able to get an edge in crucial technological areas? What does China's attempt to leapfrog the west look like on the ground? A 6-part series looking at China's tech industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
In a new season of Tech Tonic, longtime FT China reporter Jame Kynge travels around the world to see how China is pushing towards tech supremacy. Will China be able to get an edge in crucial technological areas? What does China's attempt to leapfrog the west look like on the ground? A 6-part series looking at China's tech industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
In a new season of Tech Tonic, longtime FT China reporter James Kynge travels around the world to see how China is pushing towards tech supremacy. Will China be able to get an edge in crucial technological areas? What does China's attempt to leapfrog the west look like on the ground? A six-part series looking at China's tech industry.Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
‘In a world that is the most dangerous it has been since the end of the cold war, we cannot be complacent,' Prime Minister Rishi Sunak said at a news briefing alongside Nato secretary-general Jens Stoltenberg during a visit to Poland this week. The PM mentioned the threat from Russia but also from China and pledged to boost defence spending by £75bn over the next six years. Lucy Fisher is joined by colleagues George Parker and Jim Pickard to discuss whether this pledge will lead to deep spending cuts to unprotected government departments and James Kynge, the FT's China editor, drops in to talk about allegations of Chinese espionage in the UK and beyond. Plus, will Labour's plan to fully renationalise the UK's passenger rail network if it wins the next general election translate into better train services for customers?Join Lucy and colleagues for an FT subscriber webinar on May 8 to discuss what the local election results tell us about who will win the UK general election. Get your pass now at ft.com/ukwebinarFollow Lucy on X: @LOS_Fisher, George @GeorgeWParker, Jim @PickardJE, James @JKyngeWant more? Free links:Labour plans to retain key private sector role in nationalised railwaysSunak pledge to boost defence spending raises prospect of cuts elsewhereFormer UK parliamentary aide charged with spying for ChinaSign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter' award. Presented by Lucy Fisher. Manuela Saragosa is the executive producer with production help from Leah Quinn. Audio mix and original music by Breen Turner. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
After months of delay and safety concerns, the first asylum seekers were marched up the gangplank of the Bibby Stockholm barge this week. If they don't like the vessel, they can ‘f*** off back to France', was the eyebrow-raising verdict of Tory deputy chairman Lee Anderson. The senior Tory MP made a second startling statement: a public admission the government has ‘failed' on migration. Lucy Fisher is joined by FT columnists Robert Shrimsley and Miranda Green to rake through the facts. They also consider the pitfalls of too much caution in politics. Plus, James Kynge, the FT's global China editor, offers his take on claims the UK has been ‘weak' over giving in to US pressure to cut back on dealings with Beijing. Follow Lucy on Twitter @LOS_FisherWant more? Free links here:Starmer won't give the Tories an opportunity – that's their opportunity The great ‘Brexit' and ‘coalition' taboos are holding the Lib Dems backBibby Stockholm and the battle over asylum Rishi Sunak weighs following Biden on curbing tech investment in ChinaGet the FT's award-winning Inside Politics newsletter free for 90 days here Presented by Lucy Fisher. Produced by Philippa Goodrich and Lulu Smyth with Andrew Georgiades. Executive producer, Manuela Saragosa. Mix by Simon Panayi. Original music by Breen Turner. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
The Bank of England is set to raise interest rates to their highest level since 2008 this week, and investors are worried about the impact of rising rates on US commercial real estate. Plus, the FT's James Kynge explains the decline in Chinese investment into Europe. Mentioned in this podcast:Bank of England set to raise rates to highest level since 2008US lenders warned that commercial property is ‘next shoe to drop'Chinese investment in Europe falls as watchdogs increase scrutinyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show's editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The UK government reversed course on a tax cut, Brazil's president Jair Bolsonaro defied expectations in the first round of election voting, and Credit Suisse is trying to reassure investors that rumours about its financial health are overblown. Plus, the FT's James Kynge tells us how China's property market crash is hurting local governments. Mentioned in this podcast:Pound and gilts gain after Truss changes course on 45p tax rate cutJair Bolsonaro's ‘beef, bible and bullets' coalition is here to stayBrazil braced for tense presidential runoff between Lula and BolsonaroCredit Suisse CDS hit record high as shares tumbleHow big is the capital hole at Credit Suisse?China's property crash: ‘a slow-motion financial crisis'The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show's editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed 'the great decoupling'. Some in the US want to see Chinese companies cut off from American investment, while hawkish factions in China have been fighting for a more self-sufficient and nationalistic tech sector. But what would decoupling really look like? And is it even possible? Presented by James Kynge, this episode features interviews with Lillian Li (author of Chinese Characteristics newsletter), Paul Triolo (senior vice-president of Albright Stonebridge Group), Roger Robinson Jr (president and founder of RWR Advisory) and Kevin Rudd (former prime minister of Australia and president of the Asia Society)Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Tom Griggs. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: CNBC Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months. See acast.com/privacy for privacy and opt-out information.
In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed 'the great decoupling'. Some in the US want to see Chinese companies cut off from American investment, while hawkish factions in China have been fighting for a more self-sufficient and nationalistic tech sector. But what would decoupling really look like? And is it even possible? Presented by James Kynge, this episode features interviews with Lillian Li (author of Chinese Characteristics newsletter), Paul Triolo (senior vice-president of Albright Stonebridge Group), Roger Robinson Jr (president and founder of RWR Advisory) and Kevin Rudd (former prime minister of Australia and president of the Asia Society) Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Tom Griggs. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: CNBCRead a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
In this episode of Tech Tonic, how a mysterious death in Belgrade prompted Serbia to embrace Chinese surveillance technology, raising concerns among Serbian human rights and privacy activists. They've been fighting back against the Serbian government's use of Huawei facial recognition tech in public spaces. But Serbia is just one of many countries around the world that's adopted this cutting-edge Chinese mass monitoring equipment. What does it tell us about the spread of Chinese influence around the world?Presented by James Kynge, this episode features interviews with Danilo Krivokapic (director, Share Foundation), Andrej Petrovski (director of tech, Share Foundation), Stefan Vladisavljev (programme co-ordinator, Belgrade Fund for Political Excellence), Wang Huiyao (director, Beijing Center for Globalisation) and Wawa Wang (director, Just Finance).Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Marton Dunai and Bojan Radic. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read James Kynge, Valerie Hopkins, Helen Warrell and Kathrin Hille's previous reporting on Chinese surveillance tech in the Balkans: https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabNews clips credits: PBS, CNBC, CGNT, DW, Moconomy, BBCCheck out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months. See acast.com/privacy for privacy and opt-out information.
In this episode, how a mysterious death in Belgrade prompted Serbia to embrace Chinese surveillance technology, raising concerns among Serbian human rights and privacy activists. They've been fighting back against the Serbian government's use of Huawei facial recognition tech in public spaces. But Serbia is just one of many countries around the world that's adopted this cutting-edge Chinese mass monitoring equipment. What does it tell us about the spread of Chinese influence around the world?Presented by James Kynge, this episode features interviews with Danilo Krivokapic (director, Share Foundation), Andrej Petrovski (director of tech, Share Foundation), Stefan Vladisavljev (programme co-ordinator, Belgrade Fund for Political Excellence), Wang Huiyao (director, Beijing Center for Globalisation) and Wawa Wang (director, Just Finance).Read James Kynge, Valerie Hopkins, Helen Warrell and Kathrin Hille's previous reporting on Chinese surveillance tech in the Balkans: https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabPresented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Marton Dunai and Bojan Radic. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: PBS, CNBC, CGNT, DW, Moconomy, BBCCheck out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
In the latest episode of this Tech Tonic season about US-China tech rivalry, the FT's US-China correspondent Demetri Sevastopulo tells the inside story of his scoop on China's secret hypersonic weapon test and how it changed geopolitics. We hear about the new space race between China and the US, including powerful satellite-destroying missiles and the pursuit of commercial space capabilities. Could China and the US ever co-operate on space exploration or are we seeing the dawn of a new space race?Presented by James Kynge, the FT's global China editor, this episode features interviews with US congressman Mike Gallagher; Todd Harrison, director of the Aerospace Security Project at the Center for Strategic and International Studies; and Robert Zubrin, president of the Mars Society.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Hosted by James Kynge. Interview with congressman Mike Gallagher conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
In the latest episode of this Tech Tonic season about US-China tech rivalry, the FT's US-China correspondent Demetri Sevastopulo tells the inside story of his scoop on China's secret hypersonic weapon test and how it changed geopolitics. We hear about the new space race between China and the US, including powerful satellite-destroying missiles and the pursuit of commercial space capabilities. Could China and the US ever co-operate on space exploration or are we seeing the dawn of a new space race?Presented by James Kynge, the FT's global China editor, this episode features interviews with US congressman Mike Gallagher; Todd Harrison, director of the Aerospace Security Project at the Center for Strategic and International Studies; and Robert Zubrin, president of the Mars Society.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Hosted by James Kynge. Interview with congressman Mike Gallagher conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
Our latest season of Tech Tonic continues, with a deep dive into the semiconductor industry and Taiwan's unique position as a bastion of computer-chip talent. James Kynge, the FT's global China editor, looks into the unintended consequences of the race for semiconductor dominance. We hear from Chad Duffy, a Taipei-based cybersecurity expert who helped uncover a major hack on Taiwanese semiconductor manufacturers. James talks to Dan Wang, an analyst with the Shanghai-based Gavekal Dragonomics, about China's chip strategy, and Stephen Orlins, a rare dissenting voice in Washington who questions the efficacy of a US blacklist of Chinese tech companies desperate for US-designed chips. Plus, Annie Ting-Fang and Lauly Li, who cover the semiconductor industry for Nikkei Asia, give us the inside track on how China has been scooping up Taiwanese semiconductor engineers.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: CNBC See acast.com/privacy for privacy and opt-out information.
Our latest season of Tech Tonic continues, with a deep dive into the semiconductor industry and Taiwan's unique position as a bastion of computer-chip talent. James Kynge, the FT's global China editor, looks into the unintended consequences of the race for semiconductor dominance. We hear from Chad Duffy, a Taipei-based cybersecurity expert who helped uncover a major hack on Taiwanese semiconductor manufacturers. James talks to Dan Wang, an analyst with the Shanghai-based Gavekal Dragonomics, about China's chip strategy, and Stephen Orlins, a rare dissenting voice in Washington who questions the efficacy of a US blacklist of Chinese tech companies desperate for US-designed chips. Plus, Annie Ting-Fang and Lauly Li, who cover the semiconductor industry for Nikkei Asia, give us the inside track on how China has been scooping up Taiwanese semiconductor engineers.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: CNBCRead a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
In the second episode of this season of Tech Tonic, James Kynge, the FT's Global China Editor, asks how significant Chinese intellectual property theft has been to the country's rise as a global tech superpower.We hear from an FBI agent based in Silicon Valley whose job is to prevent the theft of trade secrets, and ask whether China's ‘talent programmes', under which Beijing funds scientists and engineers around the world, are actually spy recruitment networks or whether they are genuine attempts to lure home professionals and plug China's talent gap. Experts are warning the growing distrust between the US and China could put the future of scientific and technological exchange at risk.Featuring interviews with Nick Shenkin, FBI special agent and director of the Strategic Technology Task Force for the FBI's San Francisco field office; an interview between the FT's Demetri Sevastopulo and Michael Orlando, acting director of the US National Counterintelligence and Security Center; Rui Ma, China tech analyst and creator of the Tech Buzz China podcast; Wang Huiyao, founder and president of Center for China and Globalization in Beijing; Winston Ma, author and adjunct professor at the NYU law school; and Gisela Kusakawa, assistant director at the Anti-Racial Profiling Project at Asian Americans Advancing Justice.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special, discounted FT subscription, go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Interview with Michael Orlando conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: NBC, Global News, Micron, The Oregonian See acast.com/privacy for privacy and opt-out information.
In the second episode of this season of Tech Tonic, James Kynge, the FT's Global China Editor, asks how significant Chinese intellectual property theft has been to the country's rise as a global tech superpower.We hear from an FBI agent based in Silicon Valley whose job is to prevent the theft of trade secrets, and ask whether China's ‘talent programmes', under which Beijing funds scientists and engineers around the world, are actually spy recruitment networks or whether they are genuine attempts to lure home professionals and plug China's talent gap. Experts are warning the growing distrust between the US and China could put the future of scientific and technological exchange at risk.Featuring interviews with Nick Shenkin, FBI special agent and director of the Strategic Technology Task Force for the FBI's San Francisco field office; Michael Orlando, acting director of the US National Counterintelligence and Security Center; Rui Ma, China tech analyst and creator of the Tech Buzz China podcast; Wang Huiyao, founder and president of Center for China and Globalization in Beijing; Winston Ma, author and adjunct professor at the NYU law school; and Gisela Kusakawa, assistant director at the Anti-Racial Profiling Project at Asian Americans Advancing Justice.Check out stories and up-to-the-minute news from the FT's technology team at ft.com/technologyFor a special, discounted FT subscription, go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: NBC, Global News, Micron, The OregonianRead a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
In the first episode of this season's six-part series, the FT's Global China Editor James Kynge tracks China's dramatic transformation from the manufacturing workshop of the world to the next global superpower. The driver of that change is technology, sparking a battle between China and the US over who will dominate. Numerous ethnic Chinese scientists working in the US have found themselves ensnared in this bitter rivalry, including US-based physics professor Xiaoxing Xi, wrongly accused of industrial espionage, amid accusations that China's tech prowess has been built on the theft of US innovation. How deep is the rift between the two countries over tech and what does that mean for the world?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyGet 50% off an FT subscription at ft.com/briefingsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It's free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.News clips credits: CNBC, CGTN America, NBC See acast.com/privacy for privacy and opt-out information.
In the first episode of this season's six-part series, the FT's Global China Editor James Kynge tracks China's dramatic transformation from the manufacturing workshop of the world to the next global superpower. The driver of that change is technology, sparking a battle between China and the US over who will dominate. Numerous ethnic Chinese scientists working in the US have found themselves ensnared in this bitter rivalry, including US-based physics professor Xiaoxing Xi, wrongly accused of industrial espionage, amid accusations that China's tech prowess has been built on the theft of US innovation. How deep is the rift between the two countries over tech and what does that mean for the world?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyGet a discounted FT subscription at ft.com/techtonicsalePresented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
A new six-part series of Tech Tonic brings you stories from the frontlines of the battle between the US and China for global technological supremacy. At stake is the future of technologies that will shape all our lives, from the way the internet is used to the way we govern our societies. Join the FT's Global China Editor James Kynge as he charts China's dramatic transformation into a global tech superpower, sparking rivalry with the US over who controls our technological future.Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyGet 50% off an FT subscription at ft.com/briefingsalePresented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is assistant producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. See acast.com/privacy for privacy and opt-out information.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/a3b42914-2e0e-4246-bc45-1ea9b19b690bThe Federal Reserve has given its strongest signal yet that it will start tapering its bond buying stimulus programme this year and more central bank officials see a first interest rate rise in 2022; Japan's SoftBank has followed Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left office; and the FT's James Kynge explains that the unravelling of China's Evergrande property developer shows deep flaws in the country's growth strategy. More Fed officials see first interest rate rise in 2022https://www.ft.com/content/719c11ec-fb24-40b3-a661-518aa3bc6028SoftBank backs Steven Mnuchin's $2.5bn private equity fund https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39aValued at $41bn in 2020, the spectacular unravelling of the Chinese property group Evergrande exposes deep flaws in Beijing's growth strategyhttps://www.ft.com/content/ea1b79bf-cbe3-41d9-91da-0a1ba692309fRachman Review: Biden and the world https://www.ft.com/rachman-reviewThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/efcae358-e439-4135-9600-55b23dcd7dc8Australia's nuclear submarine deal with the US and UK is set to provide a political boost for Scott Morrison's conservative government, and UK business and energy secretary Kwasi Kwarteng is due to meet energy suppliers on Monday amid fears that dozens of companies could go bust in the coming weeks due to record high gas and electricity prices, and Beijing has pushed through reams of regulations and policies designed to shore up China's data security, reinforcing the control it exercises over huge volumes of data used in governing the country, boosting the economy and ordering people's lives.Australia and France intensify war of words over cancelled submarine deal https://www.ft.com/content/55173c4e-79a4-4a65-8294-3fc666026a0bMorrison's submarine deal drives wedge between Australian oppositionhttps://www.ft.com/content/e7e40eae-0011-4d0a-8a59-b5d5625c7389UK energy groups ask for government ‘bad bank' to weather gas crisis - with David Sheppard https://www.ft.com/content/684e4ef1-87a9-4bdf-96f4-956df4e0a1e2China and Big Tech: Xi's blueprint for a digital dictatorship - with James Kynge https://www.ft.com/content/9ef38be2-9b4d-49a4-a812-97ad6d70ea6fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/b1c4e938-b959-4767-aba9-2aedc1f44005The former head of Afghanistan's central bank has warned that the country is facing “dire” financial prospects and an acute shortage of dollars and higher inflation will fuel the flow of migrants out of the country; the Taliban's takeover hands China and Russia an opportunity to project their power after Washington's chaotic withdrawal; and a majority of Federal Reserve officials believe the US central bank could start withdrawing a massive pandemic stimulus programme later this year, according to a record of their latest meeting.Afghanistan faces ‘dire' financial outlook, warns former central bank chief - with Jonathan Wheatley, emerging markets correspondenthttps://www.ft.com/content/65f61fb1-9462-4e25-990a-702812860b76China and Russia poised to step into the Afghanistan gap - with James Kynge, global China editorhttps://www.ft.com/content/7ceb9e3b-bd6e-43fe-bb86-80353249e6acMost Fed officials reckon stimulus could start winding down this year - with Colby Smith, US economics editorhttps://www.ft.com/content/29be3f70-3f3e-4bfd-b26e-01833337587cUK government intervenes in £2.6bn Ultra Electronics takeover by Cobham https://www.ft.com/content/55b3e146-87cb-469b-a128-5865cb1abe87The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/c6ee7948-06e7-4f4c-8940-2f83d85bdf4dThe value of the world's stock of negative-yielding debt has ballooned to more than $16.5tn, SoftBank's second Vision Fund plans to invest $100m in a new fund started by one of its former top partners, and US food delivery group DoorDash is preparing to make its first investment in Europe. Plus, the FT's global China editor, James Kynge explains why younger Chinese people are opting out of stressful jobs. Bond rally pushes global stock of negative-yielding debt above $16tnhttps://www.ft.com/content/43280fe3-b6cd-44e1-bb75-25b0962b5ba1?SoftBank to invest $100m in former partner's fund with Miles Kruppa, venture capital correspondenthttps://www.ft.com/content/684613f0-b2cc-42e9-817a-204a80dd048fDoorDash in talks to invest in German grocery app Gorillashttps://www.ft.com/content/9cccd541-0a44-4002-af6e-35fe7ef46445China's young ‘lie flat' instead of accepting stress with James Kynge, global China editorhttps://www.ft.com/content/ea13fed5-5994-4b82-9001-980d1f1ecc48The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Israel's parliament has voted in a new government, ending rightwing stalwart and five-time premier Benjamin Netanyahu's 12-year grip on power, South Korean shipbuilders and sea freight companies will seek to raise billions of dollars via stock market listings in the second half of 2021 as the industries enjoy a global trade rebound, leaders of the G7 countries back a western rival to China's Belt and Road Initiative to help developing countries tackle climate change. Plus, the FT's global China editor, James Kynge, reports on how China's smart city surveillance technology is being used around the world, and the growing backlash. End of era in Israel as Netanyahu is oustedhttps://www.ft.com/content/f0824e22-2e42-4d80-b0fa-574c6b12b9ddG7 set to agree ‘green belt and road' plan to counter China's influencehttps://www.ft.com/content/f33b43e6-0cea-486b-a3cf-628a31c09693Exporting Chinese surveillance: the security risks of ‘smart cities'https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabKorean shippers to raise billions of dollars as global trade reboundshttps://www.ft.com/content/eab4b7b5-7590-477f-bd7e-e919501a54b4 See acast.com/privacy for privacy and opt-out information.
The FT's Global China Editor, James Kynge, joined us to discuss his perspective on how the next generation of technology is shaping geopolitics. Over half of global trade is digital, and trust issues have suddenly become front and centre to global trade and investment. That lack of trust is increasingly leading to technological bifurcation. The discussion also touched on China's pursuit for self-reliance, Beijing's policies towards big tech and how the digital currency could affect the internationalisation of the renminbi.
Facebook has defied Australia’s push to make Big Tech pay for news by banning the sharing of content on its platform in the country, the oil and gas industry in Texas has buckled under the strain of a blast of Arctic weather, and three North Korean computer programmers have been charged over a cyber-hack spree. Plus, the FT’s global China editor, James Kynge, explains how Beijing’s digital currency is doubling as a surveillance tool for the state.News Corp agrees deal with Google on payments for its journalism https://www.ft.com/content/cec5d055-c2d1-4d5f-a392-a6343beb0b01Oil and gas industry in Texas buckles under strain of Arctic blasthttps://www.ft.com/content/9b7cdaf2-f43b-49c3-b8b8-b4840f95ebbdVirtual control: the agenda behind China’s new digital currencyhttps://www.ft.com/content/7511809e-827e-4526-81ad-ae83f405f623 See acast.com/privacy for privacy and opt-out information.
Twitter’s user growth fell short of expectations for the second quarter in a row, more than 70 investors call on Amazon to stop interfering with a unionisation effort, and Huawei asks a US court to overturn the Federal Communication Commission ruling that labels the telecoms company a security threat. Plus, the FT’s global China editor, James Kynge, explains how US-China investment continues despite political tension.Twitter warns of slowing user growth as pandemic surge fades https://www.ft.com/content/ff84e6c2-a937-4b88-bd8c-df8bcaa1ee7eHuawei challenges its designation as a threat to US securityhttps://www.ft.com/content/b7c2294d-9207-4fae-8fed-d63a80c99618Amazon must not interfere with US union effort, say investorshttps://www.ft.com/content/c7f24fbb-bb4e-489e-8a30-37708700e816US-China investment flows belie geopolitical tensionshttps://www.ft.com/content/b3dcc262-a153-4624-bc1d-156179d6e914 See acast.com/privacy for privacy and opt-out information.
US public health experts are warning of a heightened risk of coronavirus transmission during US Independence Day celebrations, EU regulators are asking more questions about Google’s proposed $2.1bn takeover of fitness tracker Fitbit, and the FT’s James Kynge explains how China’s national security law affects both Hong Kongers and foreigners living in the territory. Plus, the FT’s Judith Evans explains why consumers are changing their attitudes towards single-use plastic in the pandemic. See acast.com/privacy for privacy and opt-out information.
China was once the epicentre of the coronavirus outbreak, but now the country is coming out of lockdown. Gideon Rachman talks to FT correspondents Yuan Yang and James Kynge about how quickly China can find a new normal. See acast.com/privacy for privacy and opt-out information.
The US Senate has approved fiscal stimulus legislation worth $2tn after a week of intense negotiations, Ford suffers the biggest credit rating downgrade since 2005, and the FT’s James Kynge tells us how China could become an example of growth while the rest of the world deals with the coronavirus crisis. Plus, the US has raised the pressure on Saudi Arabia to end its oil price war with Russia as the shale industry faces a collapse. See acast.com/privacy for privacy and opt-out information.
The full impact of the deadly Sars-like virus that has spread across China will take time to assess. But it’s clear there will be significant damage to the region’s economies and perhaps also to the reputation of China’s leaders for failing to tackle the coronavirus early enough to prevent its spread. Andreas Paleit discusses the political and economic impact of the outbreak with Tom Hancock, recently back from Wuhan, James Kynge in Hong Kong and Sue-Lin Wong in Shenzhen.Contributors: Andreas Paleit, companies desk editor, Tom Hancock, China consumer industries correspondent, Sue-Lin Wong, South China correspondent, and James Kynge, global China editor. Producers: Fiona Symon and Persis Love. See acast.com/privacy for privacy and opt-out information.
Patrick Jenkins discusses the Financial Conduct Authority's latest insider trading case and what it tells us about how market abuses are being tackled, why HSBC is on the defensive in China, and why Credit Suisse is suing the UK tax authorities.With special guest Mark Steward, Director of Enforcement and Market Oversight for the Financial Conduct Authority.Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, David Crow, banking editor, and James Kynge, global China editor. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.
Protesters fought pitched battles with police in central Hong Kong in an eruption of public anger against an extradition bill that critics see as a fundamental threat to the territory’s civic freedoms and rule of law. Gideon Rachman discusses the protests and the government's harsh response with James Kynge and Sue-Lin Wong See acast.com/privacy for privacy and opt-out information.
China has spent hundreds of billions of dollars financing infrastructure projects across the world through its Belt and Road Initiative, which critics say has imposed ruinous debts on some countries. Andreas Paleit discusses the global impact of the scheme for China and those taking part with James Kynge and Lucy HornbyContributors: Suzanne Blumsom, executive editor, Andreas Paleit, assistant companies news editor, James Kynge, China global editor, and Lucy Hornby, deputy Beijing bureau chief. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.
The Chinese internet giant's proposed joint venture with Russia's Mail.ru sets the stage for a battle royale with Amazon for global dominance of the ecommerce market, James Kynge and Henry Foy tell Hannah Murphy. See acast.com/privacy for privacy and opt-out information.
The country saw a huge surge in investment after the global financial crisis but this has brought huge domestic debt and slower growth. Tom O'Sullivan, the FT's deputy analysis editor, asks Shanghai bureau chief Gabriel Wildau and global China editor James Kynge what impact this is having on daily life. Produced by Anna Dedhar. Image by Dreamstime See acast.com/privacy for privacy and opt-out information.
As the Trump administration struggles to reunite migrants and their children forcibly separated at the US border, China has been separating families on a far larger scale as part of a crackdown against ethnic Uighurs. The FT’s Emily Feng tells James Kynge how children have been caught up in the crackdown.Read Emily's report here See acast.com/privacy for privacy and opt-out information.
Geely's acquisition of close to 10 per cent of one of Germany's best-known firms has provoked a fierce backlash. Berlin bureau chief Guy Chazan and former Beijing bureau chief James Kynge join Big Read's editor Geoff Dyer to discuss the growing anxiety over China's economic influence in Europe. Produced by Joshua Oliver. See acast.com/privacy for privacy and opt-out information.
By signalling his intention to remove the two-term limit on China’s presidency, China's strongman Xi Jinping is discarding more than three decades of precedent aimed at institutionalising the peaceful transition of power. Gideon Rachman discusses the implications of the move with the FT's Tom Mitchell and James Kynge. See acast.com/privacy for privacy and opt-out information.
China is wooing tribal separatists in Pakistan's Balochistan province in order to secure key trade projects in the region. Jyotsna Singh discusses how Beijing's One Belt One Road initiative is forcing it to adopt a more interventionist foreign policy with the FT's Farhan Bokhari, Kiran Stacey and James Kynge. See acast.com/privacy for privacy and opt-out information.
The prime minister went to China this week on a mission to make the case for "Global Britain". At home the colleagues Theresa May left behind argued about Brexit, appeared to undermine the civil service and trashed their own economic forecasts. With the FT's Geoff Dyer, Laura Hughes, James Kynge and Jim Pickard. Presented by Jonathan Derbyshire. Produced by Janina Conboye. See acast.com/privacy for privacy and opt-out information.
Theresa May has been in Beijing this week at the head of a large British trade delegation. China is an important partner for Britain, especially given the UK's imminent departure from the EU. In particular, Beijing is keen for Britain to support its huge infrastructure project initially dubbed the New Silk Road, but now more generally known as the Belt and Road Initiative. China is spending unprecedented sums on building physical infrastructure; roads, railways, ports and even whole cities, not only in its own hinterland, but in many neighbouring countries. But to what end and what is the potential cost for these countries? Should Britain get involved? David Aaronovitch hears eye witness accounts of vast construction projects in Central Asia and Pakistan. And he invites the expert witnesses, Professor Steve Tsang from the School of Oriental and African Studies, Dr Yu Jie of the London School of Economics and James Kynge of the Financial Times to explore Britain's relationship with an increasingly powerful China.
Gideon Rachman discusses what are the chances of success of Donald Trump's bid to rewrite US trading relationships with Canada, Mexico and China, with Shawn Donnan, trade editor and James Kynge, emerging markets editor See acast.com/privacy for privacy and opt-out information.
Beijing hopes that sharing its high speed rail technology will win allies and open markets as it pushes forward with the One Belt, One Road project. But cancelled schemes and poorer countries' struggles with the debt they can bring are hindering China's ambitions. This report by James Kynge, Michael Peel and Ben Bland is narrated by James See acast.com/privacy for privacy and opt-out information.
The dramatic rise of Anbang's owner Wu Xiaohui, arrested by China's anti-graft authorities this week, had baffled industry experts. James Kynge talks to the FT's Lucy Hornby in Beijing about Mr Wu's detention and its implications for business See acast.com/privacy for privacy and opt-out information.
Brazil's long-running corruption probe has ensnared Michel Temer, the country's president, after an executive secretly taped a conversation that showed Mr Temer allegedly endorsing bribe paying. James Kynge asks the FT's Andres Schipani and Jonathan Wheatley where this leaves the country's crucial economic reforms. See acast.com/privacy for privacy and opt-out information.
Companies and countries that displease Beijing can find state-backed consumer campaigns marshalled against them. James Kynge, the FT's emerging markets editor, asks south China correspondent Ben Bland how effective such sanctions are. You can read the full report on China's 'boycott diplomacy' on www.ft.com/ See acast.com/privacy for privacy and opt-out information.
The unexplained death of Kim Jong Nam, a member of North Korea’s ruling family, in Kuala Lumpur has caused a diplomatic rupture between Malaysia and North Korea. James Kynge asks Bryan Harris, FT correspondent in Seoul, what we know about the apparent murder and its likely repercussions. See acast.com/privacy for privacy and opt-out information.
The „New Silk Road“ or „One Belt One Road Initiative“ launched by China’s President Xi Jinping in 2013 is unprecedented in scope and reach. China wants to spend some $900bn on infrastructure projects connecting the Middle Kingdom to other parts of Asia, Africa and Europe. This, Beijing hopes, will create new markets for Chinese products and provide contracts for Chinese companies. But some projects have turned into “red elephants”, others have clear strategic and military dimensions, says James Kynge, seasoned China-watcher and former FT bureau chief in Beijing. OBOR, he argues, is much more than Chinese-style globalization. Listen to James Kynge talking about China’s ambitions and the risks and opportunities of OBOR in the new Merics Experts Podcast.
Chinese president Xi Jinping was anointed as the “core” leader of the Communist party last week, paving the way for a return to strongman rule. So is China moving towards a more autocratic system? Gideon Rachman discusses the question with the FT's Beijing correspondent Lucy Hornby, and James Kynge, former bureau chief in the capital. See acast.com/privacy for privacy and opt-out information.
There are fresh doubts about ChemChina's proposed acquisition of Syngenta - amid increasing signs that the west is stiffening its opposition to Chinese takeovers of US and European companies. Andrew Parker discusses what's behind these doubts with the FT's Arash Massoudi and James Kynge. See acast.com/privacy for privacy and opt-out information.
Philippine President Rodrigo Duterte heads to China this week for talks that will test whether his anti-US rhetoric will lead to a fundamental security shake-up on Asia’s seas. James Kynge discusses the trip and its implications with the FT's Tony Tassell. See acast.com/privacy for privacy and opt-out information.
A radical overhaul of India’s tax system will replace national, state and local taxes with a new unified value added tax, improving the country’s competitiveness and boosting growth. James Kynge discusses the breakthrough with the FT’s South Asia bureau chief Amy Kazmin. See acast.com/privacy for privacy and opt-out information.
Xi Jinping, China’s leader since 2012, came from humble beginnings. How has he grown to have such power in such a short time and what does he want to do with it? James Kynge, the FT’s Emerging Markets Editor, talks to Kerry Brown, Professor of Chinese politics at King's College, and Tom Mitchell, FT Beijing Bureau Chief. See acast.com/privacy for privacy and opt-out information.
China has warned of increased tension in the South China Sea if a UN tribunal rules against its claim to disputed waters that are also claimed by the Philippines. Chinese warships have been conducting live-fire military drills in the area ahead of Tuesday’s decision. John Murray Brown asks James Kynge, FT emerging markets editor, what's at stake See acast.com/privacy for privacy and opt-out information.
The FT's series China's Great Game explores the signature foreign policy of President Xi Jinping. James Kynge, emerging markets editor, asks Tom Mitchell, Beijing correspondent, just how big the initiative is and what its aims are See acast.com/privacy for privacy and opt-out information.
China appears set to reveal a weapon so formidable it could upset the balance of power in the Asia-Pacific region. The missile is likely to be wheeled through Beijing at a parade marking the second world war. James Kynge asks Charles Clover, FT Beijing correspondent, why defence experts see it as a potential game changer. See acast.com/privacy for privacy and opt-out information.
Is China's renminbi devaluation a move towards liberalisation or a desperate bid to halt the country's economic slowdown? Ben Hall discusses the move with James Kynge and Gabriel Wildau. See acast.com/privacy for privacy and opt-out information.
China's island building in the South China Sea has led to friction with countries that share maritime borders around the sea and with the US which remains the dominant power in the region. James Kynge asks Charles Clover, FT correspondent in Beijing, how China has reacted to the criticism. See acast.com/privacy for privacy and opt-out information.
China this week stunned financial markets with the biggest devaluation of the renminbi in two decades, only to intervene to stop the slide. Was it a move towards liberalisation or a desperate bid to halt the country's economic slowdown? Ben Hall discusses the move and its consequences with James Kynge and Gabriel Wildau. See acast.com/privacy for privacy and opt-out information.
Ten years ago the Chinese government ended the renminbi's strict peg against the US dollar. Since then the currency has gained in stature in world trade, investment and as a reserve currency, reflecting China's growing international influence. James Kynge asks David Pavitt of HSBC and Jinny Yan of Standard Chartered what further changes are in store. Read more at ft.com/renminbi. Music: David Sappa See acast.com/privacy for privacy and opt-out information.
A shrinking labour force is driving huge economic change in China. James Kynge talks to Jamil Anderlini about the human cost of China's mass migration from rural areas to the cities and why it is now beginning to slow. See acast.com/privacy for privacy and opt-out information.
President Vladimir Putin's recent visit to Beijing took on added significance because of the deep divisions between Russia and the west, caused by the Ukrainian crisis. The two countries signed a landmark deal on gas supplies, as well as other agreements covering trade and arms sales. So is a new Russia-China axis emerging? Gideon Rachman is joined by James Blitz and James Kynge to discuss. See acast.com/privacy for privacy and opt-out information.
Decades of rapid growth have created a new middle class in the developing world, prompting multinational companies to invest heavily in emerging markets as they attempt to serve millions of new consumers. But rising inequality and slowing growth has presented a risk to this new middle class and is forcing companies to rethink their strategy. In this week's podcast, Ferdinando Giugliano is joined by Shawn Donnan, world trade editor and James Kynge, emerging markets editor to discuss this nascent middle class and its prospects in the face of slowing growth See acast.com/privacy for privacy and opt-out information.
Xi Jinping was appointed Chinese president just over a year ago and promised to shake up China's economy. Now Mr Xi's agenda for the next decade has become a little clearer with the conclusion of a party plenum in Beijing on Tuesday. In a statement the ruling Communist party pledged to implement wide-ranging economic reforms, with a greater role for market forces. In this week’s podcast Gideon Rachman is joined by Tom Mitchell, Beijing correspondent and James Kynge, editor of China Confidential to discuss whether this is a pivotal moment for the world's second largest economy. See acast.com/privacy for privacy and opt-out information.
Later this week, the presidents of the United States and China will hold a two-day summit, the first since Xi Jinping's elevation to the top job in China. It comes as US-China tensions are fairly high on a number of issues, from cyber attacks to territorial disputes in the East and South China Seas. So what are both sides hoping to achieve? Gideon Rachman is joined by James Kynge, editor of FT China Confidential, and Geoff Dyer,who was a Beijing correspondent before his current assignment in Washington. See acast.com/privacy for privacy and opt-out information.
China's new leadership team is due be unveiled at the Congress of the Chinese Communist Party, which begins next week in Beijing.The transition takes place against a troubled background. The economy is slowing and tensions are rising in a territorial dispute with Japan. Bo Xilai, who once expected to promoted in the reshuffle, is instead about to go on trial, and the outgoing premier, Wen Jiabao, has just been accused in the New York Times of using his position to accumulate huge wealth for his family. James Kynge, editor of FT China Confidential, and David Pilling, Asia editor, join Gideon Rachman to discuss the state of China at this crucial juncture. See acast.com/privacy for privacy and opt-out information.
Gideon Rachman is joined by Geoff Dyer, Kathrin Hille and James Kynge to discuss the consequences of the case of Chen Guangcheng, the blind legal activist who has left the US embassy in Beijing following a deal between the US and China. See acast.com/privacy for privacy and opt-out information.