Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
    • The Australian Financial Review
    Newsfeed
    Newsfeed
    Advertisement
    World

    Asia

    Yesterday

    White House national security adviser Jake Sullivan arrives at the VIP terminal of the Beijing Capital International Airport in Beijing on Tuesday.

    Top US, China officials to meet on military, Taiwan, fentanyl

    The two countries are at odds over the Middle East and Ukraine, Chinese territorial claims from Taiwan to the South China Sea, and trade.

    • Trevor Hunnicutt
    The Chinese pulled out all stops for Trump, but their approach didn’t work.

    Beijing could do without Trump’s unpredictability on steroids

    The conventional idea is that China would prefer the chaos of second Trump term. But on the ground, officials and scholars are wary of a Trump victory.

    • Richard McGregor

    This Month

    Residential buildings in Chengdu, China. The property fallout on public finances is becoming increasingly evident on the balance sheets of indebted local governments.

    China’s budget spending shrinks as land sales plummet

    The property fallout on public finances is becoming increasingly evident on the balance sheets of indebted local governments.

    • Ailing Tan and Jing Zhao
    China steel

    China halts new steel plants as crisis-hit industry reels

    China’s steel-industry woes have deepened in recent months, and a warning last week of worse to come put Australia’s iron ore miners on notice.

    • Winnie Zhu
    PwC in Shanghai. PwC China was the country’s largest accounting firm by revenue in 2022.

    PwC braces for a six-month ban in China

    The expected punishment for work on the failed property developer Evergrande’s accounts would be Beijing’s toughest penalty handed down against a big four firm.

    • Updated
    • Stephen Foley, Cheng Leng, Eleanor Olcott and Wenjie Ding
    Advertisement
    Australian tanks exercising in Indonesia would have been hard to imagine ten years ago.

    Our new quiet security embrace as Jakarta hedges bets

    Indonesia’s strategic wariness of China has culminated in this week’s military co-operation agreement with Australia. But don’t read too much into it.

    • Susannah Patton and Rahman Yaacob
    This photo provided by the Philippine Coast Guard, shows damage on the Philippines coast guard vessel BRP Cape Engano after a collision with a Chinese coast guard ship.

    Philippines, China trade blame after vessels collide

    China’s Coast Guard said a Philippine vessel that had ignored its repeated warnings “deliberately collided” with a Chinese vessel. Manila saw it differently.

    • Liz Lee and Karen Lema
    Doctors in Allahabad take part in a nationwide strike against violence against women.

    India’s doctors strike nationwide over colleague’s rape and murder

    India’s Prime Minister Narendra Modi has pledged to crack down on sexual violence against women, but incidents are rising.

    • Subrata Nag Choudhury and Jatindra Dash
    Paetongtarn Shinawatra.

    Young, Instagram-friendly heir becomes Thailand’s new PM

    Paetongtarn Shinawatra, the 37-year-old daughter of the political power broker Thaksin Shinawatra, is becoming prime minister at a chaotic time.

    • Sui-Lee Wee
    Antimony is used in most ammunition.

    China squeezes Western militaries with export ban on weapons metal

    The Commerce Ministry announced it will restrict exports of a mineral used in a wide range of products from batteries to weapons in the latest trade war salvo.

    • Annie Lee and Mark Burton
    Residential buildings under construction in Shanghai.

    ‘Steep plunge’: China’s economy flailing, new data shows

    Property prices dropped further, industrial production dipped and unemployment rose as a new snapshot of China’s economy flashed warnings signs.

    • Updated
    • Iris Ouyang
    Winners of the 2024 World Cosplay Summit, Mioshi and Mamemayo, who competed in costumes of the characters Naruto Uzumaki and Sasuke Uchiha from the popular series Naruto.

    The weird, weird world of Japanese cosplay

    If you thought break dancing was an odd sport, it turns out being a superfan is also competitive.

    • Jessica Sier
    Fumio Kishida is stepping aside.

    Japanese PM quits, ending term marred by scandals

    Japan will have a new leader after Fumio Kishida quit as Liberal Democratic Party head amid voter frustration over his handling of a slush-fund scandal.

    • Updated
    • Tim Kelly and Sakura Murakami
    The People’s Bank of China cut two key policy rates by 10 basis points, its first rate reduction in nearly six months.

    China’s bond market is sending a warning signal to the world

    Soft yields are a vote of no confidence in Beijing’s policy, a forecast that economic conditions will not improve and a warning that deflation will take root.

    • Robin Harding
    Xi Jinping and Vladimir Putin in Beijing earlier this year. In China, Russia and many parts of the Global South there is suspicion that the rules-based order is really a liberal order crafted after the Second World War, largely to suit the purposes of Western powers.

    Australia should focus on rules, not ‘rules-based order’, in Asia

    Support for the transition from a US-led world to a multipolar world is gaining traction.

    • Anthony Milner
    Advertisement
    caption

    Multinationals sound alarm over weak demand in China

    Weak demand in China has been a feature of half-year earnings across much of the global consumer goods sector.

    • Edward White and Thomas Hale
    Lucy Liu, co-founder of Airwallex, can sleep “even if the world is on fire”.

    No such thing as work-life balance, says Airwallex’s Lucy Liu

    The co-founder of the payment platform says she would plan her whole year in advance if it was possible.

    • Jessica Sier
    Chinese flock to Nanjing Road shopping district in Shanghai. But consumption remains persistently low.

    Inside China’s vicious deflationary cycle

    Despair at the faltering economy has rippled throughout China’s major cities and out into its regions.

    • Jessica Sier
    China

    Bad news for Australia: China’s steel crisis is set to deepen

    Prices are tumbling, profits are dwindling, and there’s little relief on offer from a government focused on retooling China’s economy for the long term.

    • Updated
    • Hallie Gu
    In Japan, protections are in place for existing homeowners, with caps to prevent sudden increases.

    Is Japan ready for a ‘world with interest?’

    An entire generation has grown up knowing nothing but yields near zero and mortgage rates that seemed to get cheaper by the year.

    • Gearoid Reidy

    The Australian Financial Review Magazine

    Daisy Knatchbull: “The Deck is for every woman. Every size. Every shape. We don’t discriminate, except when it comes to gender.”

    BOSS Financial Review

    Saul Cannon, CEO of Port of Melbourne.

    Life & Leisure

    Rich List

    Anthony Pratt at the 2024 Met Gala in New York. He and his sisters argue their half-sister’s claim to the family’s $23 billion empire should be dismissed.