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China

Today

A man picks up a Lebanese flag from the rubble after an Israeli airstrike on an apartment block in Beirut on Thursday.

Israel strikes heart of Beirut, killing six

Witnesses reported hearing a massive blast, and a security source said it targeted a building in the central district of Bachoura, near parliament.

  • 29 mins ago
  • Timour Azhari and Ari Rabinovitch

Yesterday

Activity returning: Shenzhen, along with other large Chinese cities, has eased home-buying restrictions.

Chinese home buyers scout showrooms at midnight after stimulus

The swift turnaround in sentiment of retail investors has fuelled hopes that the country’s property market freefall may finally be halted.

  • Bloomberg News

This Month

Chinese President Xi Jinping.

ASX caught in China-fuelled short squeeze

Avoiding China and owning banks was an easy route to beating the market. Now those winning bets are crumbling.

  • Alex Gluyas
Zhujian New Town CBD in Guangzhou: The city has removed restrictions on property purchases as part of a wider bid to boost the Chinese economy.

China removes curbs on homebuyers, sparking stock market surge

Officials are trying to reverse a grinding property downturn and broader slowdown in growth that has afflicted every corner of the Chinese economy.

  • Alexandra Stevenson

September

Treasurer Jim Chalmers speaking about the budget surplus on Monday.

Why budget surplus is up, up, up

Jim Chalmers is claiming credit for delivering two budget surpluses in a row. He’s less keen to explain how much the high level of income tax helped.

  • Jennifer Hewett
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An Arcfox Alpha-S electric sedan, manufactured by BAIC Group and equipped with Huawei Technologies’ smart car platform.

Are Chinese cars spying on you?

Security experts say there is a genuine growing fear that the West is becoming exposed to Chinese components under the hood as vehicles become more connected.

  • James Titcomb
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ASX hits fresh record; Dutton calls for arrests; Five bubble dangers

Read everything that’s happened in the news so far today.

Shigeru Ishiba (centre) celebrates after he was elected new head of Japan’s ruling Liberal Democratic Party.

‘Asian NATO’ backer to become Japan’s new PM

The country’s ruling party picked former defence minister Shigeru Ishiba as leader, setting him up to become prime minister, a move that risks irritating China.

  • Alastair Gale and Yuki Hagiwara
Jim Chalmers speaks to the media in China.

China’s stimulus blitz ‘very very good’ for Australia: Chalmers

The treasurer, who is on a visit to Beijing, says iron ore exporters will remain under pressure amid slowing housing and infrastructure projects in China.

  • Updated
  • Jessica Sier
David Smitherman, Chief Executive Officer at EVDirect - Australian Distributor of BYD, in China this week.

BYD distributor insists no ‘kill switch’ inside its car software

The Australian face of China’s largest electric vehicle manufacturer said it cannot remotely control any EVs sold here, after the US sought a ban linked to spy fears.

  • Jessica Sier
Investors are returning to the Chinese sharemarket, buoyed by hope of a recovery in consumer demand.

China pledges more stimulus, driving asset prices higher

China’s Politburo injected fresh excitement into financial markets on Thursday, pushing for more fiscal spending to stabilise the property sector.

  • Updated
  • Alex Gluyas
The BYD Shark 6 plug in hybrid ute.

I drove the ute that could ruin weekends. Here’s what happened

Electric vehicles have a veneer of delicacy; an assumption the BYD team is keen to dismiss with the new Shark 6 plug-in hybrid ute.

  • Jessica Sier
NA

Japan’s new ambassador has high hopes for closer ties

In an interview, Kazuhiro Suzuki says the two countries are “indispensable” to achieving peace and prosperity in a region where the shadow of China looms large.

  • James Curran
Waymo robotaxis in San Francisco can now travel on the city’s freeways.

Why is Australia stuck in the slow lane on driverless cars?

Australian regulations put a far higher bar on robot drivers than human ones. That makes little sense when it’s likely that the tech is already safer.

  • Marion Terrill
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Inflation cools; PM targets negative gearing; Macquarie fined

Read everything that’s happened in the news so far today.

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Donald Trump: “I want German car companies to become American car companies. I want them to build their plants here.”

Trump pledges to take jobs and factories from allies, China

The former president promised a “manufacturing renaissance” as the centrepiece of his plan, saying he would offer foreign firms low taxes and little regulation.

  • Tim Reid and Gram Slattery
Resources Minister Madeleine King has helped drive the new critical minerals financing initiative.

‘NATO of critical minerals’ deal to hit China dominance

Local mining and processing projects could be funded by more than a dozen like-minded nations as part of a new joint financing body agreed to by 14 countries.

  • Phillip Coorey
BYD - Build Your Dreams - is the No.2 selling electric vehicle brand in Australia, behind Tesla.

Federal government warned of Chinese EV software security risk

The federal government is being warned that a timid approach to risks from Chinese vehicle software could undermine national security.

  • Simon Evans, Tom Rabe and Jessica Sier
The People’s Bank of China cut two key policy rates by 10 basis points, its first rate reduction in nearly six months.

Markets cheer China stimulus, but pundits warn it’s no ‘bazooka’

Iron ore futures surged 6 per cent, triggering a rally in ASX mining stocks, but China’s latest support package may not have a lasting impact on commodity prices.

  • Alex Gluyas
People’s Bank of China governor Pan Gongsheng made the latest announcement at his first high-profile press conference since March.

China unleashes stimulus blitz to hit annual growth goal

The central bank announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since at least 2020. It also cut a key policy rate.

  • Updated
  • Wenjin Lv and Alan Wong

Original URL: https://www.afr.com/topic/china-89a