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FT News Briefing

China’s digital dictatorship

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 20 September 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

Read a transcript of this episode on FT.com

https://www.ft.com/content/efcae358-e439-4135-9600-55b23dcd7dc8


Australia’s nuclear submarine deal with the US and UK is set to provide a political boost for Scott Morrison’s conservative government, and UK business and energy secretary Kwasi Kwarteng is due to meet energy suppliers on Monday amid fears that dozens of companies could go bust in the coming weeks due to record high gas and electricity prices, and Beijing has pushed through reams of regulations and policies designed to shore up China’s data security, reinforcing the control it exercises over huge volumes of data used in governing the country, boosting the economy and ordering people’s lives.


Australia and France intensify war of words over cancelled submarine deal

https://www.ft.com/content/55173c4e-79a4-4a65-8294-3fc666026a0b


Morrison’s submarine deal drives wedge between Australian opposition

https://www.ft.com/content/e7e40eae-0011-4d0a-8a59-b5d5625c7389


UK energy groups ask for government ‘bad bank’ to weather gas crisis - with David Sheppard 

https://www.ft.com/content/684e4ef1-87a9-4bdf-96f4-956df4e0a1e2


China and Big Tech: Xi’s blueprint for a digital dictatorship - with James Kynge 

https://www.ft.com/content/9ef38be2-9b4d-49a4-a812-97ad6d70ea6f


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning from the Financial Times. Today is Monday, September 20th, and this is your

0:05.4

FT News Briefing.

0:08.7

The submarine deal and the new security pack between the U.S., the U.K., and Australia continues

0:14.1

to rattle global leaders. And as gas prices continue to surge, the U.K.'s biggest energy

0:20.1

groups have asked their government for emergency help. Plus, we'll talk to our global China

0:25.3

editor about Beijing's crackdown on its big technology companies and what the political

0:29.9

end game is.

0:31.3

The main impetus behind all of the new laws, the new grabs into companies like Ant Group

0:38.8

are all motivated by this obsession with control that the Chinese Communist Party has.

0:46.0

I'm Jess Smith in from Mark Filipino, and here's the news you need to start your day.

0:55.2

The new security partnership between the U.S., the U.K., and Australia continues to ripple

1:00.2

around the globe. The agreement is aimed at countering China's influence in the region.

1:05.2

China lashed out immediately, describing it as playing geopolitical games. France is furious

1:11.1

because it means Australia is reneging on a $50 billion dollar deal by French submarines.

1:17.8

France has recalled its envoys to the U.S. and Australia and derided the U.K. as a fifth

1:23.2

wheel on the coach. Washington, meanwhile, is making an effort to de-escalate the diplomatic

1:28.4

crisis. Yesterday, U.S. President Joe Biden asked for a call with French President Emmanuel

1:34.0

Macron.

1:40.3

The gas crisis in the U.K. and Europe continues to worsen. Yesterday, the U.K.'s biggest

1:45.6

energy groups asked the government for an emergency package worth billions of pounds to help

1:50.7

them survive surging gas prices. Today, Britain's business and energy secretary is due to

1:56.0

meet with energy suppliers to discuss the crisis. Prices have tripled since the start of

...

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