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Good morning from the Financial Times. Today is Thursday, September 8th,

and this is your FT News Briefing.

Chinese companies are getting pretty popular with European investors these days,

and farmers are getting worried about food shortages this winter.

Plus, the European Central Bank will likely raise interest rates today to fight inflation,

but by how much? We'll talk about the ECB's hawkish pivot.

I'm Mark Philippineau, and here's the news you need to start your day.

Chinese companies have earned way more on European stock exchanges than they have on Wall Street

this year. That's the first time that's happened ever. Chinese dealmaking in the US has been

soured by a dispute over US regulators' access to audit files. That dispute could lead to the

US banning trading in all Chinese companies in 2024, so Chinese companies have pivoted to other

markets while Beijing and Washington are negotiating. Officials from the American Public

Company Accounting Oversight Board are headed to Hong Kong this month. They'll examine

audit work of several Chinese companies listed in New York, including Jack Ma's Alibaba.

The European Central Bank is meeting today, and top of the agenda, you guessed it,

tackling inflation. The ECB has been taking an increasingly hawkish tone since the start of the year,

but it surprised people with just how far it's willing to go when it raised interest rates by

half a percentage point in July. Now the FT's Ma and Arnold says it might be even higher this time

around. The driver for this is of course inflation, but an inflation hit a record high for the eurozone

of 9.1% last month. But also what's driven it is that the economy has proved surprisingly resilient

...