Chinese manufacturers exporting to the EU face new regulatory hurdles due to the Carbon Border Adjustment Mechanism (CBAM). The system requires detailed carbon intensity data, causing significant compliance challenges for companies like Neil Miao's, who struggle with understanding and providing the required information.
Argentina's Central Bank Governor met with the head of China's central bank to discuss the global economy and monetary system. While Argentina denies swap renewal talks are on the agenda, reports suggest progress is being made on extending the agreement.
China's economy shows sluggish consumption and weak investment in May, with new bank loans falling year-on-year. Despite regulatory efforts, demand remains weak, though the tech sector is a bright spot amid innovation drives.
China National Nuclear Corporation announced the successful mass production of a high-purity silicon-28 isotope, achieving over 99.99% isotopic abundance. This marks China's first independent large-scale production, addressing a critical gap in its quantum technology supply chain previously dominated by overseas players.
Reports cover a potential US-Iran deal, Ukraine's Western aid usage, and escalating tensions involving Russia, Israel, and the Middle East. Dodik criticizes Western sanctions on Russia, while EU prepares for energy crises. Secessionist movements noted in US and Canada.
A 1640 eruption of Parker Volcano in the Philippines may have contributed to the collapse of China's Ming Dynasty, according to a study in Climate of the Past. Volcanic eruptions can cause climate changes leading to crop failures and famine.
Chinese police have dismantled a months-long smear campaign targeting e-commerce platforms Alibaba and JD.com. Chengdu Xiaoben Culture Media, hired by an unnamed company, allegedly created fake images and false information to harm the platforms' reputations and operations.
Zhipu AI released GLM-5.2 with a 1-million-token context window, significantly undercutting Western AI models on price. The company's Hong Kong-listed stock surged by up to 48% following the announcement.
Zhipu AI's stock price jumped 32.8% after launching its open-source GLM-5.2 model, coinciding with US restrictions on AI model exports. The move targets users seeking alternatives to Western AI, with Zhipu's offering priced significantly lower than competitors.
Xia Baolong, director of the Hong Kong and Macau Affairs Office, will visit Hong Kong for two days to inspect the city's alignment with the national 15th five-year plan and the advancement of the Northern Metropolis megaproject. His visit coincides with the start of a public consultation for Hong Kong's first five-year plan.
A Lowy Institute report indicates China's missile capabilities pose a growing threat to Australia, with new long-range and hypersonic weapons increasing Beijing's capacity for direct strikes. The report assesses China's military build-up, not its intentions, highlighting the need for informed public discussion.
A Lowy Institute report warns China's missile strike capability on Australia is growing due to expanded long-range missile arsenals, nuclear submarines, and advanced bombers, posing a real and increasing threat over the next decade.
Taiwan's Coast Guard Administration reported mainland Chinese law enforcement vessels entered restricted waters near Taiping Island on Thursday, a first for government vessels. The ships were driven away by Taiwan's coastguard. Experts suggest this is Beijing's attempt to assert sovereignty.
Despite not having a team, China is a major player in the 2026 World Cup's logistics in Mexico, providing railways, buses, official footballs, and digital services through companies like Tencent Cloud and Alicloud, while Lenovo offers AI for match analysis.
The head of a Taiwanese sea search-and-rescue group urged Beijing and Taipei to resume cooperation on maritime emergencies. Joint drills ceased in 2016, impacting safety in the busy Taiwan Strait.
Head of a Taiwanese sea search-and-rescue group urges joint maritime emergency drills with China. The Taiwan Strait is a high-risk zone, and cooperation stopped in 2016.
Meta, Pekin'in ulusal güvenlik gerekçesiyle talep ettiği 2 milyar dolarlık Manus anlaşmasını feshediyor. Şirket, Manus'u iç sistemlerinden ayırarak veri paylaşımını durdurdu. Manus ise bağımsızlaşma çabasıyla yatırım arayışında.
China's Foreign Minister Wang Yi met with Mongolian President Ukhnaagiin Khurelsukh, reaffirming Beijing's commitment to stable bilateral relations and offering support for Mongolia's development. The leaders discussed aligning development strategies and enhancing cooperation in critical minerals, green development, and the digital economy, with trade expected to reach $20 billion this year. Mongolia pledged not to harm China's interests.
Hong Kong's leader stated the city is committed to expanding into new markets and strengthening ties with existing partners, emphasizing its stability and security as an open economy facing geopolitical challenges.
Meta is dismantling its $2B acquisition of Chinese AI startup Manus, halting data sharing and cutting off access to internal systems. This move complies with Beijing's divestiture order on national security grounds, underscoring China's control over sensitive tech. Manus co-founders may seek $1B to reclaim the startup.
China's Ministry of Commerce criticized the US for "continuously overstretching the concept of national security" and suppressing Chinese companies, stating these actions harm the global economic order and supply chains.
A Beihang University professor contrasts China's state-driven, scale-focused approach to its commercial space sector with the US's market-driven efficiency model, arguing China's method will enable future leaps in areas like smart cities.
The "SCO Cycling Race · 25 Years Together" event began at Beijing's Wenyu River Park, with over 100 participants. Organized by the SCO Secretariat and the SCO Business Council Secretariat, the race aims to promote exchange through sports and celebrate the SCO's 25th anniversary.
Beijing hosted an event on June 12 focusing on the high-quality development of sci-tech incubators in Zhongguancun. The event highlighted tasks like accelerating innovation, nurturing enterprises, and strengthening incubation platforms. Certificates were awarded to 27 incubators for 2025, recognizing their service capabilities and enterprise cultivation effectiveness.
