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This Month

Jimmy Lai’s wife, Teresa, and son, Shun Yan, outside court.

Diplomatic pressure builds on Hong Kong over Jimmy Lai trial

The British and US governments have called for Mr Lai’s immediate release, saying the trial is politically motivated.

  • James Pomfret and Jessie Pang
Azabudai Hills, the latest large-scale real estate project by Mori Building Co.,opened for business on Nov. 24, seeking to boost Tokyo’s attractiveness as an international destination.

‘Third World’: Why locals don’t share investor enthusiasm for Japan

Japan is enjoying an investment and tourism boom, but many ordinary Japanese are struggling to make ends meet.

  • Updated
  • Michael Smith
Workers get bonuses for jogging at one Chinese firm.

Forget year-end bonuses for working hard – this firm rewards joggers

A Chinese paper maker has decided to scrap annual payouts for something healthier – a monthly wad of cash based on how much its employees exercise.

  • Shirley Zhao
Heavy security for the first day of the Jimmy Lai trial.

Landmark national security trial of media mogul opens in Hong Kong

The closely watched case is widely seen as a trial of press freedom and a test for judicial independence in the Asian financial hub.

  • Kanis Leung
Prabowo Subianto, presidential candidate and Indonesia’s defence minister, left, and Gibran Rakabuming Raka, the current president’s son.

Indonesia’s election bears the signs of weakening democracy

It does not bode well for Indonesia’s democratic future that a new president with an authoritarian pedigree is likely to take office thanks to a judicial fix.

  • Edward Aspinall
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A heavy machinery production line in eastern China. Tensions with trading partners such as the EU are high over China’s exports of electric vehicles and other items.

China asks bloggers to stop badmouthing the economy

The request came as economic data showed China’s recovery after the pandemic remained slow, with weak consumer confidence and a lingering real estate crisis.

  • Zen Soo and Elaine Kurtenbach
Japan’s Prime Minister Fumio Kishida prepares to deliver his policy speech during an extraordinary session of the Diet at the parliament in Tokyo in October.

Japan is tired of Prime Minister Kishida, a man who tries too hard

Fumio Kishida’s knack for associating with controversial policies has turned him into one of the most unpopular leaders of the past two decades.

  • Gearoid Reidy
Fuel will remain a “crucial part of the business, but 7-Eleven’s bosses see growth opportunities in merchandising.

7-Eleven sticks with petrol as new owners pump up food offerings

Japanese retail conglomerate Seven & i says there are growth opportunities from merchandising as it expands the convenience store network.

  • Michael Smith
Chinese President Xi Jinping leads delivers a speech at the annual Central Economic Work Conference in Beijing.

China’s leaders send mixed signals on how to fix economy

A key meeting of Xi Jinping and his top policy advisers has left investors confused about how far Beijing is prepared to go to bolster economic growth.

  • Michael Smith
China

China faces the risk of a debt-deflation spiral

If deflation continues to eat into corporate profits, companies will cut wage growth, creating a vicious ‘loop’ of even weaker aggregate demand and deflation.

  • Chetan Ahy
Campaigners promote candidates during the district council elections in Hong Kong, at the weekend.

Hong Kong voter turnout slumps to record low after Beijing purge

Only 27.5 per cent of the 4.3 million eligible voters cast ballots on Sunday in the local elections, David Lok, chairman of the Electoral Affairs Commission said on Monday.

  • Kiuyan Wong
A Chinese Coast Guard ship uses a water cannon on a Philippine boat as it approaches Scarborough Shoal in the disputed South China Sea.

US slams China’s ‘reckless’ moves in South China Sea

Chinese and Philippine vessels faced off in multiple clashes in the South China Sea over the weekend as tensions continued to escalate.

  • Andreo Calonzo
Demand and prices remain weak across China.

China’s consumer price drop worsens, fuelling deflation fears

China has been struggling with falling prices for much of this year, in contrast to many other parts of the world where central banks are focused on taming inflation.

  • Updated
  • Michael Smith
China is expected to meet the government’s GDP target this year, due mainly to a rebound in consumption compared with a lockdown-hit 2022.

China Politburo raises expectations for ambitious 2024 GDP goal

Economic targets for 2024 will be set at the Communist Party’s annual economic work conference, expected to be held later this month.

  • Bloomberg News
A mega solar farm on the outskirts of Golmud, China.

Why China can’t give up its addiction to coal

The Asian giant in pumping massive amounts of money into renewables, but that hasn’t halted a huge – and seemingly contradictory – fossil fuel investment plan.

  • Michael Smith and Hans van Leeuwen
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Indian Prime Minister Narendra Modi is a Hindu supremacist whose government largely ignores the aspirations of Muslims and other minorities.

State sanctioned killings are not the image of India we are used to

It is still to the good that India’s image here of cricket, the Commonwealth and bling is fading. But some sides of that change are not an unalloyed blessing.

  • John McCarthy
A container vessel sets off from the Qinzhou Port in southern China. Exports rose in November, the first increase since April.

China’s exports grow for first time in six months

Exports grew 0.5 per cent from a year earlier in November, customs data showed, compared with a 6.4 per cent fall in October.

  • Joe Cash
Workers on a Geely EV production line in Zhejiang Province. The EU is worried China is increasing its industrial capacity, particularly in renewable energy products.

EU presses China on industrial overcapacity at Beijing summit

Concern about Chinese manufacturing overcapacity is being fuelled by data showing state banks targeting industries such as electric vehicles.

  • Joe Leahy, Henry Foy, Andy Bounds and Andy Lin
China faces increasingly serious budget constraints, triggered mainly by a steep slide in the real estate sector.

Moody’s cuts China credit outlook on rising debt

The ratings agency cut its view of the country’s finances to negative, saying it was concerned about the potential cost of local government bailouts.

  • Updated
  • Keith Bradsher
TikTok, which is owned by Chinese company ByteDance, has been criticised for spreading misinformation.

China can use TikTok to ‘radically reshape’ global opinion: Garnaut

US Congress is looking to Australian security adviser John Garnaut for advice on how to combat China’s use of misinformation to wield political influence.

  • Michael Smith