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Economy
UK consumer confidence starts to recover as cost of living crisis eases
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Senior Fed official warns US interest rates may need to rise again
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The link between Meloni’s windfall tax and the ECB’s bloated balance sheet
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The local government debt that threatens China’s economy
Once known as one of China’s most impoverished provinces, the mountainous region of Guizhou has over the past…
Principles for good industrial policy
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UK economic activity slides as interest rates hit demand
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US tells China to be more transparent with economic data amid slowdown
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Bank of England warns on corporate default risk
Share of UK companies facing debt stress will rise to 50% by the year-end, says analysis
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China’s blueprint for an alternative world order
When Xi Jinping, China’s leader, delivered an “important speech” at the UN in September 2021, it appeared to be…
FirstFT: China growth hopes fade after ‘policy disappointment’
Also in today’s newsletter, Arm chip designer files for US IPO, and Jio Financial Services’ weak Indian market…