Rare Earth Supply Push: China Northern Rare Earth Group is investing about $74m to expand the Bayan Obo mine in Inner Mongolia by 50%, aiming to boost ore processing capacity and tighten critical-mineral supply for high-tech manufacturing. Chip Supply Chain Shift: Apple is reportedly testing Pentagon-blacklisted Chinese memory chips from CXMT to manage the global memory shortage and pricing pressure, underscoring how AI/data-center demand is reshaping Western-China semiconductor dependencies. Humanoid Robotics IPO Fever: Unitree priced its Shanghai IPO at 150.80 yuan/share, targeting 6.1b yuan and highlighting the market’s rush toward China-made humanoid robots. AI Talent War: Reports say China’s AI hiring competition is outpacing the job market, with top “S-grade” talent commanding extreme pay as companies fight for scarce specialists. Typhoon Dolphin Disrupts Industry: Dolphin has driven evacuations of over a million and triggered flood alerts and travel disruptions across eastern China, with Beijing bracing for extreme rainfall. Coal Import Volatility: China’s July coal imports hit a 2026 high after mine safety inspections cut domestic output, though analysts expect the surge to ease as production recovers. Shanghai Service Trade Goal: Shanghai targets service trade to exceed $300b by 2030, with AI models and cross-border computing power added to the plan.