Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being buoyed by diplomatic law. Plus, the FT’s Jamie Smyth explains why the US shale boom may be over after a decade-long run.

Mentioned in this podcast:

UK companies in China buoyed by diplomatic thaw

US oil producers say Opec ‘price war’ will halt shale boom

Initial tax data allays fears of non-dom exodus from UK

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Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, and Marc Filippino. Additional help from Sam Giovinco, Michael Lello, and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Opec pops US shale’s balloon

FT News Briefing