Economy
The China economy in the foreign business press: growth, trade, property, the yuan, PMI, debt, consumption — only as outside papers and agencies report it.
- Chinese EV makers press into Europe as Germany's car industry reels, Spiegel reports
Germany's flagship carmakers are in 'dire straits' as Chinese electric-vehicle groups expand their European footprint, Der Spiegel reported, in a business-press framing of the competitive pressure Beijing's export machine is putting on Europe's industrial core.
- Quad ministers target 'economic coercion' as Beijing courts Liberia's minerals and German president presses on trade
A cluster of wire items on Saturday put China's trade posture at the centre of the foreign business coverage: the Quad's veiled criticism of export restrictions, Germany's president pressing Beijing on its surplus, and China's ambassador in Monrovia rejecting the 'weaponization' of critical minerals.
- China's October factory gauge slips back below 50 as domestic demand sags, NHK reports
China's October manufacturing sentiment index dropped back below the 50 mark that separates expansion from contraction, NHK reported, reflecting weakness in household consumption and property investment. Separately, CNA reported that Beijing has rolled out support measures to aid struggling stocks, with persistent economic weakness and a property debt crisis weighing on investor confidence.
- China's high-end manufacturing push draws foreign scrutiny as trade truce holds
Foreign business coverage of China this week centers on advanced manufacturing, the uneasy US-China trade truce, and a mega property complex in Dalian, as Quad ministers press supply-chain concerns without naming Beijing.