Headlines

China explores services subsidy to boost weak domestic demand

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China is considering including services in a multibillion-dollar subsidy programme to stimulate consumption, according to officials and academics, as the world’s second-largest economy struggles to boost chronically weak domestic demand.  The programme, which would seek…

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Autocrats behaving badly: Trump emboldens global strongmen

As President Donald Trump tests US democratic norms and weakens Washington’s commitment to long-standing allies, would-be autocrats the world over have taken heart. Whether it is Israeli Prime Minister Benjamin Netanyahu’s more aggressive offensive in Gaza, President Recep Tayyip Erdoğan’s judicial kneecapping of his main rival, or Indonesia’s president and retired army general Prabowo Subianto…

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