While Chinese President Xi Jinping's Belt and Road Initiative faces challenges with some projects, the country's decarbonization drive is helping it expand its influence worldwide.
Datawatch

Decarbonization now drives China's Belt and Road push

Brisk sales of EVs, solar panels and wind turbines are boosting Beijing's global clout

31 August 2024
The Shenzhen-Zhongshan Link opened in June. (Photo by Shizuka Tanabe)
Economy

With 24 km bridge-tunnel link, Shenzhen tech hub set to sprawl further

Firms eye Zhongshan across river delta as site for future growth

31 August 2024
Leaders pose for a photo at the Pacific Islands Forum leaders meeting in Nuku'alofa, Tonga on Aug. 26.
International relations

Pacific leaders' statement scrubbed of Taiwan reference after China protest

Island's deputy foreign minister says 'outside force' sowing division

31 August 2024
Employees work on the production line at a factory for Chery's electric vehicles in Wuhu, in China's Anhui province, on July 29.
Economy

China factory activity slows to six-month low in August

Missed PMI forecast could fuel hopes for economic stimulus measures

31 August 2024
A member of the nightly patrol in Tokyo's Shibuya ward approaches people drinking in public. (Photo by Koki Kubota)
Society

Tokyo's Shibuya cracks down on public drinking as tourist crowds swell

District to impose year-round nighttime ban with patrols targeting unruly behavior

31 August 2024
Cboe and Japannext parent SBI Holdings have been in a business collaboration since 2022.
Business deals

Cboe to buy 14.8% of Japannext in prop trading system tie-up

Move expands U.S.-based exchange operator's Japanese presence

31 August 2024
Meituan drivers are a familiar sight around China's cities. (Photo by Takashi Kawakami)
China tech

China's Meituan delivers double-digit growth with group food orders

Takeout app's algorithms help it offer lower prices to frugal consumers

31 August 2024
Japan and South Korea hope to have their leaders meet with the next U.S. president soon after the Nov. 5 election.
U.S. elections 2024

Indo-Pacific leaders race to meet with next U.S. president after election

Diplomatic calendar hints at busy November with G20 and APEC summits

31 August 2024
These two satellite photos show the North Korean hamlet prior to the flooding on July 18 and after the disaster on Aug. 14.
Natural disasters

North Korea dismantling flooded farm hamlets, photo evidence shows

Kim's comments hint at building more modern community from scratch

31 August 2024
The yuan strengthened to its highest point against the dollar in more than a year on Aug. 30.
Currencies

Yuan carry trade dims amid U.S. rate cut expectations

Trade favored by Chinese exporters also hit by Japan stock turbulence

31 August 2024
The budget requested by the Defense Ministry includes costs to reorganize space defense operations. (Japan's Ministry of Defense)
Defense

Japan defense ministry seeks record $58bn budget

Acquiring counterstrike ability pushes up costs, along with inflation and weak yen

31 August 2024
Taiwan People's Party founder Ko Wen-je speaks to reporters in Taipei on Aug. 30.
Politics

Taiwan opposition party head summoned for questioning over scandal

Founder's home and party's headquarters searched over shopping center project

30 August 2024
Chinese banks' profit margins are under pressure from weak appetite for loans and falling interest rates.
Finance

China's state banks report more bad loans to hotels, restaurants and stores

Consumer spending slump hits top lenders as falling interest rates dent profitability

30 August 2024
Beijing in 2021 slapped Alibaba with a record 18 billion yuan antitrust fine after a probe found the e-commerce giant had abused its dominant market position.
Companies

Alibaba's 3-year antitrust 'rectification' is over, Beijing says

Regulator vows 'solid protection' for e-commerce giant to enhance competitiveness

30 August 2024
In January to June, China's top insurers expanded their bond portfolios, a safe bet given the murky outlook for economic growth.
Finance

China's top insurers log $169bn bond portfolio boost as PBOC intervenes

Central bank foray into bond trading comes as buyers show hunger despite bubble fears

30 August 2024
Customers look at a model of a Poly housing project in Sanya, Hainan province, in May 2023. The state-backed company is one of several that have seen contracted sales slump.
China debt crunch

China real estate crisis batters state developers seen as better off

Units of 'central companies' hold edge on private peers but log double-digit sales drops

30 August 2024
U.S. President Joe Biden welcomes Japanese Prime Minister Fumio Kishida to the White House on April 10: They declared their nations would be "global partners for the future."
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: A very special relationship

Shin Nakayama shares his weekly reflections and recommendations

30 August 2024
The U.S. and China are both looking to accelerate their autonomous driving industries. (Screenshot from Tesla's website) 
Technology

Can Tesla's self-driving ambitions navigate U.S.-China tensions?

Washington looks to ban Chinese software as Beijing doubles down on autonomous vehicles

30 August 2024
Leaders pose for a photo at the Pacific Islands Forum leaders meeting in Nuku'alofa, Tonga on Aug. 26.
International relations

China condemns support for Taiwan at Pacific leaders' forum

Envoy calls language in joint communique 'unacceptable' and a 'mistake'

30 August 2024
An employee works at a Tokyo supermarket in early 2023. Inflation figures for the Japanese capital are considered a leading indicator of nationwide trends.
Inflation

Core inflation in Japan's capital rises 2.4% in August

Consumer price data backs case for more BOJ interest rate hikes

30 August 2024
Travelers weigh their options at Shin-Osaka Station as a slow-moving typhoon bears down on the region on Aug. 29. (Photo by Arisa Moriyama)
Natural disasters

Japanese typhoon weakens but train and flight disruptions continue

Shinkansen service between Nagoya and Shin-Osaka resumes; Tokyo-Nagoya still suspended

30 August 2024
GIC's purchase of a logistics facility in Yokohama follows the Singapore sovereign wealth fund's acquisition of several other warehouses across Japan last year. (GIC)
Property

Singapore's GIC acquires logistics facility in Japan for $400m

Sovereign wealth fund expands local real estate assets amid e-commerce demand

30 August 2024
South Korea's Constitutional Court Chief Justice Lee Jong-seok, center, and other judges sit upon their arrival at the Constitutional Court in Seoul on  Aug. 29. 
Climate Change

Court orders South Korea to specify carbon emission cut plans through 2049

Decision hands partial victory to activists who say climate change affects 'fundamental rights'

30 August 2024
Marriage of convenience? Canada's Alimentation Couche-Tard has made an ambitious, preliminary takeover approach for the Japanese company that owns 7-Eleven. (Photos by Reuters and Yuji Murakami)
Business Spotlight

With 7-Eleven on buyout menu, Japanese owner Seven & i reaches crossroads

Couche-Tard targets food business, U.S. market; regulatory, antitrust issues weigh

30 August 2024