US-China Tech Friction: The Pentagon expanded its China “military-linked” blacklist to include BYD, Alibaba, Baidu and others, warning US firms about contracting restrictions even as China calls the move discriminatory. Trade Momentum: China’s exports rose 19.4% in May in value terms, with gains led by shipments to Southeast Asia and a rebound to the US; imports also climbed 27.4% year-on-year. Market Signals: China’s inflation picture stayed mixed, with CPI up 1.2% in May and factory-gate pressures rising (PPI up 3.9%), feeding debate over how consumption is recovering. China-DPRK Diplomacy: Xi Jinping wrapped up a visit to North Korea, saying ties have entered a “new historical stage” and pledging deeper practical cooperation. India Strategy Debate: Beijing urged India and China to see each other as partners, not rivals, while analysts frame it as a tactical shift amid ongoing border and regional tensions. Companionship Economy: AI companion toys are gaining traction in China’s emotional economy, as consumers seek comfort amid slower growth. Business Expansion Abroad: China National Tire & Rubber plans a $550m Alexandria expansion in Egypt, targeting heavy-truck and agri-tractor tire output from early 2028. Capital Markets Access: Orient Futures Singapore won Overseas Intermediary status for SHFE, extending international access to China’s commodity futures via QFI routes.