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Democracy advocate has been detained for five years on espionage charges

That doesn’t make Chinese stocks a buy

Defence minister Dong Jun says new Lai government is eroding prospects for unification

Also in this newsletter: von der Leyen starts re-election campaign, Houthis resume ship attacks, FT pay survey

Surge in consumer spending could spill over into fourth quarter and help ailing property sector

Restrictions on critical electric vehicle battery material set to escalate trade tensions with US

Move is the first time in six years that Beijing will restrict the ingredients used in the drug

Probe into manager at military equipment supplier CETC follows shake-up in armed forces and ousting of minister

Real estate slump drives smaller bank money into safe debt, overheating market