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    Thomas Hale

    Shanghai correspondent

    Email Thomas Hale @tomhale_  on Twitter (link opens in a new browser window)

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    • Thursday, 23 March, 2023
      Evergrande Real Estate Group
      Chinese property stocks fall after Evergrande reveals restructuring plan

      Heavily indebted developer’s proposal could offer template for other distressed companies

    • Thursday, 23 March, 2023
      News in-depthUS-China relations
      US businesses shy about attendance at China’s Davos

      Beijing’s flagship development conference kicks off in shadow of tensions with Washington

    • Thursday, 23 March, 2023
      Starbucks Corp
      Starbucks braced for price war in China as rivals pile into coffee market

      Chains backed by private equity bet consumers will turn social pastime into daily routine

    • Monday, 20 March, 2023
      Equities
      US bank stocks rise as investors assess efforts to calm turmoil

      Broad indices climb ahead of Fed rate meeting this week

    • Monday, 20 March, 2023
      Banks in turmoil
      Additional tier 1 bonds: the wiped-out debt at centre of Credit Suisse takeover

      Controversy around decision has rippled across the wider $260bn AT1 market

    • Monday, 20 March, 2023
      Evergrande Real Estate Group
      Evergrande releases restructuring timeline

      Chinese property developer moves closer to agreement with international investors

    • Friday, 17 March, 2023
      The Weekend Essay
      When Hong Kong stood still

      Thomas Hale was on his way to China when the pandemic struck — and then for two and a half years he watched as a city defined by movement was shut off from the world

    • Wednesday, 15 March, 2023
      Chinese economy
      China’s consumer spending rebounds after end of Covid curbs

      Officials warn uneven economic recovery threatened by falling export demand and property crisis

    • Saturday, 11 March, 2023
      News in-depthChinese politics & policy
      From wooing Tesla to Xi’s right-hand man: Li Qiang’s road to China’s premiership

      Beijing’s new number two known for cultivating business ties as Shanghai party boss before imposing sweeping lockdown

    • Wednesday, 8 March, 2023
      Chinese politics & policy
      What does Xi’s tighter regulatory grip on China mean for business?

      Beijing has streamlined financial supervision and intensified research as tensions with US rise

    • Tuesday, 7 March, 2023
      News in-depthChinese economy
      China’s lowest growth target in decades signals era of caution

      Beijing emerges from shadow of Covid with unambitious goal as it fears disappointing expectations

    • Saturday, 4 March, 2023
      Chinese politics & policy
      As China’s politicians gather, the ghosts of zero-Covid live on

      The country dismantled its precautionary measures as quickly as they sprang up — but not at the National People’s Congress

    • Friday, 3 March, 2023
      Chinese business & finance
      China’s central bank signals supportive tone for struggling property sector

      Vice-governor Pan Gongsheng says access to finance has improved on eve of rubber-stamp parliament

    • Thursday, 2 March, 2023
      Chinese capital controls
      Chinese brokerages pressured to end overseas investing services

      Regulator seeks to close loopholes that allowed foreign trades by mainland China investors

    • Wednesday, 1 March, 2023
      Chinese economy
      Chinese factory activity expands at fastest pace in more than a decade

      Highest manufacturing reading since 2012 offers early signal of recovery following zero-Covid reversal

    • Sunday, 26 February, 2023
      Chinese economy
      Shanghai’s return to business tests China reopening

      The financial hub has begun to revive after Covid restrictions — but not to the outside world

    • Monday, 20 February, 2023
      News in-depthChina Renaissance
      Disappearance of dealmaker Bao Fan casts chill across China’s tech sector

      Fate of China Renaissance banker seen as test of Beijing’s stance after regulatory crackdown

    • Wednesday, 8 February, 2023
      Chinese business & finance
      Popeyes re-enters China to take on KFC in fried-chicken fight

      Fast-food chains hope to capitalise on cheap rents for retail space left vacant by Covid lockdowns

    • Wednesday, 25 January, 2023
      Behind the Money podcast20 min listen
      China's reset

      The FT’s Tom Hale and James Kynge discuss whether China has found a way to fix its economy

    • Wednesday, 25 January, 2023
      Container shipping
      Shipping hurt by weak demand for Chinese goods

      Carriers are skipping ports in China as international orders fall and supply chain problems persist

    • Tuesday, 17 January, 2023
      Evergrande Real Estate Group
      PwC resigns as indebted Chinese developer Evergrande’s auditor

      Big Four firm under investigation in Hong Kong over property company’s accounts

    • Tuesday, 17 January, 2023
      Chinese economy
      China’s economy expands 3% in 2022 after zero-Covid policies hit growth

      Gross domestic product misses annual target but expectations rise for recovery in 2023

    • Friday, 13 January, 2023
      Chinese trade
      Chinese exports suffer sharpest fall in 3 years as Covid pain spreads

      Full-year trade surplus hits record on pandemic-era boom despite steep decline for December

    • Friday, 13 January, 2023
      Kaisa Group Holdings Ltd
      Chinese developer Kaisa hit with lawsuit over bond defaults

      Property group defaulted in late 2021 as it battled to reduce vast leverage

    • Thursday, 12 January, 2023
      News in-depthChinese economy
      China eases curbs on property developers to counter downturn

      Banks roll out loans and backtrack on debt constraints after policy to limit speculation led to wave of defaults

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