China
Chinese domestic policy, economy, diplomacy, and technology moves.
Shein wins Chinese approval for Hong Kong IPO
Financial Times reports that Shein has won approval from China’s securities regulator to proceed with a Hong Kong IPO, marking a major step in its long-delayed listing plans.
Philippines marks South China Sea ruling anniversary as tensions with China persist
The Philippines marked the ninth anniversary of the 2016 South China Sea arbitration ruling, with Manila defending the award and China rejecting it again. The commemoration came as maritime tensions and competing claims remain unresolved.
U.S. ambassador warns China’s maritime reach is a coercion risk
U.S. Ambassador to the UK Warren Stephens told the International Maritime Organization that China’s global maritime footprint should be viewed as a security and sovereignty threat, not just a commercial one. He cited shipbuilding dominance, strategic port access and the Panama Canal dispute as evidence.
Anthropic moves to close loopholes that allow Chinese access to Claude
Anthropic is escalating enforcement to block Chinese companies from reaching Claude through overseas subsidiaries and cloud infrastructure, according to Financial Times reporting.
Beijing says China-EU trade talks will become regular ministerial meetings
China’s Commerce Ministry said China and the EU will hold ministerial-level trade talks once or twice a year under a new consultation mechanism, with EU trade chief Maroš Šefčovič invited to visit Beijing this fall after talks in Brussels.
Xi Jinping sends He Wei to attend Khamenei funeral in Tehran
China said He Wei, vice-chairman of the National People’s Congress Standing Committee, will travel to Tehran on July 3 as Xi Jinping’s special representative for Ayatollah Ali Khamenei’s funeral.
PBOC injects 600 billion yuan in overnight reverse repos
The People’s Bank of China injected 600 billion yuan through overnight reverse repos on June 30 and kept the rate at 1.25%, doubling the amount from the tool’s first use a day earlier.
EU and China open three months of trade talks over the €360bn imbalance
The EU and China have launched three months of trade and investment consultations in Brussels, with the European Commission seeking tangible progress by October on the bloc’s €360bn trade imbalance with China.
China says it can withstand trade freeze ahead of EU talks
Chinese state media said Beijing can cope if trade ties with the European Union worsen further or freeze, as China and EU officials prepare for talks in Brussels amid disputes over trade defenses, export controls and the bloc’s growing deficit with China.
China adds 40 Japanese entities to export-control and watch lists
China’s commerce ministry added 40 Japanese entities to export-control and watch lists, restricting dual-use shipments and raising licensing hurdles amid worsening tensions with Tokyo.
China targets more Japanese companies with export controls
China expanded export controls to 40 Japanese entities, adding 20 to a control list and 20 more to a watchlist, in a further escalation of tensions with Tokyo over Taiwan and security policy.
China retaliates to U.S. sanctions with export curbs on 10 American defense-related companies
China’s Commerce Ministry said Chinese companies may not export dual-use items to 10 U.S. military-related firms, answering Washington’s expanded blacklist of Chinese companies and widening pressure on defense and rare-earth supply chains.
Australian beef hit with 55% China tariff after quota reached
China has activated a 55% safeguard tariff on Australian beef after imports reached the 205,000-tonne quota for 2026. Australian officials and industry groups say the move will disrupt exports, pressure margins and could ease domestic beef prices if shipments slow.
JPMorgan Chase cuts off Anthropic access for its Hong Kong staff
JPMorgan Chase has blocked Hong Kong staff from accessing Anthropic’s Claude models, according to the Financial Times. The restriction follows a similar move at Goldman Sachs and comes amid tighter AI licensing and export-control pressure around Greater China.
Canadian official defends reduced tariff on Chinese EV imports
Canada’s consul general in Detroit defended Ottawa’s reduced tariff on Chinese EV imports, saying the 49,000-vehicle quota is small relative to the market. The policy, announced in January as part of a broader Canada-China trade deal, continues to draw criticism from U.S. auto interests.
EU trade deficit with China reaches record €1bn a day
Eurostat data cited in reporting show the EU’s goods deficit with China reached €31.9bn in April, or about €1bn a day, intensifying debate in Brussels over quotas and safeguards.
Hong Kong opens consultation on first five-year plan
Hong Kong has launched a two-month consultation on its first five-year development plan, a move officials say will improve policy coordination, support key sectors and align the city with China’s national planning cycle.
Hong Kong launches consultation on its first five-year development plan
Hong Kong has opened a two-month consultation on its first five-year development plan, a move that aligns city policy more closely with China’s 2026-2030 national plan while officials say the territory will keep its free-market model.
Nvidia tells Chinese customers its Vera CPU could arrive as soon as August
Nvidia has reportedly begun telling Chinese customers its next-generation Vera CPU could be available as soon as August, with at least one company planning a 300-server test order.
Nvidia is telling Chinese customers it could be ready to sell them more advanced AI chips soon
Reuters-based reporting says Nvidia has told Chinese customers its Vera Rubin AI chips could be available in China as soon as August 2026, with at least one buyer considering a 300-server test order.
Jingye seeks compensation from UK over British Steel takeover
Jingye has started formal consultations under the UK-China investment treaty to seek compensation from the UK government over British Steel, adding a legal and financial front to the Scunthorpe takeover dispute.
North Korea and China leaders agree to boost ties at Pyongyang summit
Xi Jinping and Kim Jong Un held talks in Pyongyang on June 8 and pledged to deepen China-North Korea ties, with reported plans to expand cooperation in politics, economy and culture.
Xi and Putin hold talks in Beijing
Xi Jinping met Vladimir Putin in Beijing on May 20, 2026, with Chinese state media saying the two sides agreed to extend their treaty and deepen coordination.
China commerce ministry details preliminary outcomes of U.S. trade talks
China’s commerce ministry said the latest China-U.S. economic and trade consultations produced preliminary outcomes covering tariffs, agriculture, rare earth export controls and aircraft trade, while details remain under negotiation.