Xi says China’s exports are helping ease global inflation

Stay informed with free updates Simply sign up to the Chinese trade myFT Digest — delivered directly to your inbox. Xi Jinping has hit back at western criticism of Chinese oversupply as Beijing leans on manufacturing to boost its economy, arguing that the country’s exports were helping ease global inflation …

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UK To Criminalise Creation Of Sexually Explicit Deepfakes

The new law has further tightened the punishment for abusing deepfakes The UK government said that it will be criminalising the creation of sexually explicit “deepfakes” – images or videos which are manipulated using Artificial Intelligence or AI to look like someone without their consent. People convicted of creating such …

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China’s Chery to loan platform to premium European brand

Chinese carmaker Chery says two premium European brands are vying to use its new electric vehicle (EV) platform, and it’s signing a deal with one of them. “Two premium European marques want to use our platform and a deal will be signed with one of them, a more premium brand …

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Asian emerging market currencies come under pressure from strong dollar

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. Indonesia’s central bank intervened to support the rupiah on Tuesday, while the Indian rupee slumped to a record low as a surging dollar sparked a rout in emerging market currencies. Escalating …

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China’s economic growth hits 5.3%

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product increased 5.3 per cent in the first quarter against a year earlier, beating expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest …

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