Lies, damned lies, and Chinese statistics?
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Economy
FirstFT: Chinese lenders extend exposure to Russian banks after western sanctions
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Billionaire founder of Foxconn leaves board to pursue Taiwan presidential bid
Terry Gou still largest shareholder of world’s biggest iPhone maker
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How the UK’s radical data revisions shattered its economic narrative
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Reviving the German economy
The ‘sick man of Europe’ label made its debut in 1998 but it seems overdone to apply it today
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Tech suppliers in China skip seasonal hiring rush amid weak demand
Lack of usually lucrative temp work this summer also blamed on shifting supply chains
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FirstFT: China boosts support for housing market and renminbi
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The paperwork problem with the Russian oil price cap
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UK interest rates may not rise further, says Bank of England’s top economist
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FirstFT: Country Garden reveals $7bn loss as China’s property sector turmoil grows
Also in today’s newsletter, US warns of ‘advancing’ Russia-North Korea arms talks and Gina Raimondo hails ‘new approach’ to…