Cabinet Office minister Oliver Dowden said on Monday there was “a strong case” for taking tough new measures against Beijing, and that ministers were considering whether to include China in an “enhanced tier” of countries under the new The government's National Security Act, which is intended to “protect the security or interests” of the United Kingdom. However, the Treasury is concerned about any new government measures against China that could damage the UK economy and Rishi Sunak has resisted pressure from Conservative MPs to label Beijing “a threat”. “It's not that all our partners are taking an increasingly tough line against China; not so,” said Lord Kim Darroch, former UK national security adviser.
If you designate China, they will retaliate." Read the full story. Calling Financial Times subscribers: join our webinar this Wednesday (0730 ET/1230 UK) on China's economic slowdown. Register for your free entry now and send Job Function Email Database your questions to James Kynge, Yuan Yang, Eleanor Olcott, Yu Sun and UBS economist Tao Wang. Here's what I'm keeping an eye on today: Economic data: OPEC publishes its September Oil Market Report. Apple: The tech giant will unveil the iPhone 15 at its latest product launch, as it closes in on Samsung as the world's largest mobile phone maker. But will concerns about China overshadow Apple's moment of triumph? Vladimir Putin-Kim Jong Un meeting?: Neither Russia nor North Korea have said when the meeting to discuss arms sales will take place. But it is expected to happen in Vladivostok, where Putin will speak today at the Eastern Economic Forum. Five more featured stories 1. Banks behind Arm's $50 billion listing will close share orders a day ahead of schedule.
Due to strong demand from the largest initial public offering in almost two years. The initial public offering (IPO) of the UK-based chip designer, which is more than five times oversubscribed, will close on Tuesday, instead of Wednesday as previously expected. People familiar with the matter said prices could be at the upper end of the initial range of a share or even higher than that. Here are more details. 2. The United States and Vietnam have agreed to billions of dollars in trade agreements and partnerships. led by companies such as Boeing, Microsoft and Nvidia. US President Joe Biden praised the move to strengthen cooperation in areas including cloud computing, semiconductors and artificial intelligence, while in Hanoi on a two-day trip to mark the formal upgrade of the relationship. between countries, in response to China's growing influence.