China's reset

China's reset

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Can Wells Fargo make it in investment banking?

For more than 170 years, Wells Fargo built a reputation as an all-American Main Street lender. Now, it is charting a new path and pushing into investment banking, something that many other banks have tried and failed to do. The FT’s US banking editor Joshua Franklin and US bankin ...  Show more

The rapid collapse of Saks Global

Saks Global, the parent company of the historic luxury department store Saks Fifth Avenue, recently filed for Chapter 11 bankruptcy protection. The move occurred a little more than a year after the company purchased Neiman Marcus and Bergdorf Goodman in a debt-fuelled takeover. T ...  Show more

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Xi Jinping’s Economic Plan: Let China Struggle
Big Take

China’s economic slowdown is catching the attention of countries around the world as they brace for a possible hit to their own economies. Bloomberg’s Rebecca Choong Wilkins and Tom Hancock discuss why President Xi Jinping is avoiding a big stimulus package and instead allowing C ...  Show more

China's Covid nightmare: Can Beijing bounce back?
Business Daily

China has this week reopened its borders for the first time in nearly three years. There have been scenes of joy and relief for many Chinese citizens after years of isolation. Ed Butler asks whether this is a turning point, as some are describing. What are the longer term economi ...  Show more

China’s next generation
The Rachman Review

Gideon talks to economist Keyu Jin about China’s goal of becoming the world’s biggest economy despite a falling population, the impact of the deterioration in US-China relations, and the way in which the aspirations of its younger generation are shaping policy in Beijing. The ...

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Is China’s economy in trouble?
The Inquiry

Xi Jinping has begun an unprecedented third term as Chinese president, after securing his position at the Communist Party Congress. But key economic data was delayed until after the congress ended. It was lower than government targets, causing Chinese markets to fall. The Chinese ...  Show more