Emily Goldberg

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Good morning. Foreign investors are unwinding their $33bn bet on China. Nearly nine-tenths of the foreign money that flowed into China’s stock market in 2023 has already left, spurred by mounting doubts about Beijing’s willingness to take serious action to boost flagging growth. Net foreign investment in China-listed shares peaked at Rmb235bn ($33bn) in August, when missed bond payments by developer Country Garden revealed the severity of a liquidity crisis in the country’s property sector. Th…

Good morning and welcome back to the working week. In today’s newsletter we’re covering: But we’re starting in Seoul, where South Korea, China and Japan will today hold their first three-way summit in almost five years. Just yesterday, Chinese Premier Li Qiang, Xi Jinping’s top-ranking official, warned South Korea against politicising economic issues as the two countries agreed to restart trade talks on the eve of the summit.Li said on Sunday that the supply chains of China and South Korea wer…

Good morning and welcome to US Election Countdown. I’m standing in for Steff this week while she takes a well-deserved vacation. Today we’re covering: During the six weeks of Donald Trump’s “hush money” trial, Joe Biden was largely mum on the matter. But now that Trump is officially a convicted criminal, the Biden camp is turning up the heat [free to read]. The president’s re-election campaign on Saturday called Trump a “convicted felon” who would “destroy our justice system, shred our democra…

Good morning and welcome back to US Election Countdown. Today we’re covering: There’s change afoot on the Republican economic agenda. Once the party of free market conservatism, Trump’s choice of JD Vance as running mate has cemented its embrace of economic populism. Here’s a look at what the Trump-Vance economic agenda could look like [free to read]: Trump’s trade battles were a hallmark of his first term — but much of his administration was divided on how far to take international tariffs. R…

Also in today’s newsletter, how Arizona’s proof of citizenship law complicates voting in the swing state