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Inside China

Yesterday

Jimmy Lai.

Why Britain’s new PM could hold the key to Jimmy Lai’s freedom

Keir Starmer cut his teeth as a barrister at the same firm as Australian human rights lawyer Jennifer Robinson, who is fighting for the release of Hong Kong mogul Jimmy Lai.

  • Gus McCubbing and Hannah Wootton

June

Former Chinese Defence Minister Li Shangfu last year.

China charges defence ministers in military anti-graft purge

The two generals were accused of taking huge bribes and of corruption that reached into the armaments sector, as China hinted that more heads could roll.

  • Chris Buckley
China’s property crisis has crippled the economy.

China’s banks feel the sting as problem loans mount

China’s deepening housing market crisis is eroding the balance sheets of the country’s largest state banks.

  • Karen Maley
Workers at a wheel hub factory in Binzhou city.

China output growth slows, but consumers provide bright spot

Retail sales, a key metric of consumer spending, rose in May, but industrial production lagged, in mixed data for the world’s second-largest economy.

  • Jessica Sier
Competitors take part in the annual dragon boat race to celebrate the Tuen Ng festival in Hong Kong.

China’s broken housing market and a generation ‘lying flat’

While wallets were open at last weekend’s national Dragon Boat Festival, Chinese consumers are still not spending enough to get the economy out of its housing hole.

  • Jessica Sier
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May

A Chinese soldier tests a machine gun on a robot dog at military exercises in Cambodia.

China’s army tests gun-toting robot dog

The new military tech was made by a start-up with funding from major venture capital firms.

  • Ryan McMorrow
A worker checks solar panels at a factory in Jiujiang in central China’s Jiangxi province.

IMF lifts China growth forecast but warns on trade war

The International Monetary Fund said it was raising its forecast for the country’s gross domestic product growth in 2024 to 5 per cent from 4.6 per cent.

  • Haslinda Amin
Wang Hongquanxing once boasted he never left home in jewellery and clothes worth less than 10 million yuan ($2.1 million).

China’s online ‘Kim Kardashian’ banned for being too ostentatious

The online disappearance last week of Wang Hongquanxing is part of the government’s latest campaign to maintain its dominance over China’s social media culture.

  • Joe Leahy and Wenjie Ding
Anne Stevenson-Yang, third from the left, at the Academy of Building Design in Beijing in 1987.

China’s curse is to raise hopes and dash them

In her book “Wild Ride”, an American journalist details her life in China as it opened to the world, then regressed back to an oppressive, inward-looking regime.

  • Anne Stevenson-Yang
PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande.

PwC braces for China crisis and a hefty fine

PwC’s role in approving accounts for troubled property developer Evergrande has led to infighting at the big four firm as clients reconsider their relationship.

  • Stephen Foley, Sun Yu and Cheng Leng
Chinese leader Xi Jinping has given the green light to a bold policy to fix the country’s deepening housing crisis.

Two massive things happened while we were watching the budget

Two big overseas developments will be much more crucial in determining our economic prosperity than last week’s budget. The first is Beijing finally taking steps to address the bursting of the country’s property bubble.

  • Karen Maley
Residential buildings developed by Country Garden in Yangzhou.

China unveils dramatic steps to rescue property market

China announced a slate of measures aimed at reinvigorating its ailing property industry and stabilising growth in the world’s second-largest economy.

  • Updated
  • Amanda Wang
AFR GIF - Prime Minister Anthony Albanese and Treasurer Dr Jim Chalmers in-between television interviews at Parliament House in Canberra

Time to fix budget’s structural deficit: accountants

Accounting bodies say the federal budget should have done more to deliver substantive tax reform and a plan for implementation. Here’s how the day unfolded.

  • Updated
  • Gus McCubbing
‘Dear friends’ Xi Jinping and Vladimir Putin at the Kremlin in 2019.

Putin to meet ‘dear friend’ Xi in China, defying US

The Russian president is set to arrive in Beijing, underlining the key relationship as China faces growing US pressure to curtail support for the war in Ukraine.

  • Greg Torode and Guy Faulconbridge
Bundles of steel tubes at a trading market in Jinan. China’s steel exports have swelled.

China’s exports return to growth in boost to shaky economy

China’s exports edged higher in dollar terms last month as Beijing pinned its hopes on a manufacturing-led revival to boost flagging growth.

  • Updated
  • Joe Cash
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Workers make vapes in a factory in Shenzhen in China.

China’s flood of cheap exports is about to get worse

EU leaders were this week the latest to scold China about overcapacity, but there are no quick fixes to its factory glut.

  • Updated
  • Karthikeyan Sundaram

China’s supercarrier is about to launch. Only one nation can beat her

The Fujian, China’s newest, biggest and most powerful aircraft carrier, is about to go to sea. What does that mean for the balance of naval power?

  • Tom Sharpe

April

Employees on the production line at the Volkswagen Anhui Automotive factory in China’s Anhui province.

China’s factory activity slows, denting recovery

China’s factory activity expanded for a second consecutive month in April, but at a slower pace, suggesting its vast manufacturing sector might have lost steam.

  • Ellen Zhang and Ryan Woo

Battered from all sides, China needs new solutions

Mindful of the inspiration deficit that ultimately brought the East Asian growth miracle crashing down, Chinese policymakers must seize the moment.

  • Updated
  • Stephen Roach
Shane Hodgkins, CEO and co-founder of Melbourne-based construction start-up Matrak, has opened a China office.

Aussie tech pushes into China, Taiwan despite geopolitical risks

Canva co-founder Cliff Obrecht has warned start-ups China should not be their first market but says it has massive rewards for companies that can make it there.

  • Updated
  • Jessica Sier

Original URL: https://www.afr.com/topic/inside-china-1n87