China’s growing muscle at the UN

The European Union struck a deal to limit the rate of US tariffs, and public companies are filling their coffers with cryptocurrencies. Plus, the share of goods in total UK exports has fallen to a record low, and China is moving to fill the void left by the US at the United Nations.Mentioned in this podcast:US and EU strike trade deal, says TrumpCompanies load up on niche crypto tokens to boost share pricesTrump left a power vacuum at the UN. China saw an opportunityThe share of goods in total UK exports has fallen to a record lowChina’s Shaolin Temple says its head is facing a criminal investigationToday’s FT News Briefing was produced by Jess Smith, Ethan Plotkin, Sonja Hutson, Katya Kumkova, and Marc Filippino. Additional help from Alex Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music. CREDITS: Shaolin Temple (1982)/Chung Yuen Motion Picture CompanyRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.