Stay informed with free updates Simply log in to the Chinese business and finance myFT Digest – delivered straight to your inbox. China is pushing the country’s biggest automakers to source up to a quarter of their chips locally by 2025, as the world’s largest auto market looks to build a semiconductor supply chain amid … Read more
PwC is facing a crisis in China as partners brace for fines over the audit of bankrupt property developer Evergrande and some clients reconsider their relationships with the accounting firm. China’s securities regulator ruled in March that Evergrande had inflated its mainland revenues by nearly $80 billion in the two years before the developer defaulted … Read more
A mysterious ancient hominid skull found in China may have been the love child of two species, according to researchers. They believe the 900,000-year-old individual was a hybrid – part us, Homo sapien, and part Homo longi, a long-lost species known as the ‘Dragon Man’. The skull, dubbed ‘the Yunxian Man’ after the Yunyang district … Read more
Stay informed with free updates Simply log in to the EU trade myFT Digest – delivered straight to your inbox. The EU’s goods trade deficit with China has shrunk to its lowest quarterly level in almost three years, despite fears the bloc will be flooded with cheap Chinese products. There are also signs of growing … Read more