EV Safety Crackdown: China’s market regulator ordered Tesla and at least eight other carmakers to recall about 4.3 million vehicles over emergency door-handle visibility and related risks, with remedies including warning labels and software updates; the 2027 ban on concealed handles is looming. Semiconductor IPO Boom: YMTC’s parent CCSH plans a Shanghai STAR Market listing to raise at least 33 billion yuan, betting on the AI memory upcycle and data-center demand. Auto Industry Policy & Trade Friction: A German CDU official urged the EU to quickly impose tariffs on Chinese hybrid cars, arguing subsidies distort competition—raising pressure for Europe-China auto negotiations. Geopolitics: Iran Economic War: China reiterated that “sanctions and pressure” won’t solve the Middle East conflict and opposed unilateral measures as the U.S. threatens an “economic D-Day” campaign targeting Iran’s oil and finance. Food & Environment Watch: A Science study links China’s rapid solar buildout to reduced bird diversity across thousands of counties, intensifying the debate over clean energy’s land footprint. Cross-border Business: Malaysia seeks wider access for premium agro-food in China via Beijing’s Xinfadi wholesale hub, while Chinese traders at a Kunming festival spotlight Bangladeshi fruits and farm products. Market Signals: China’s summer box office hit record highs, showing consumer spending momentum even as global risks simmer.