Macro Policy Push: China’s top leadership pledged faster fiscal spending and “incremental policies” after Q2 growth slowed to 4.3%, while also targeting price wars and industrial overcapacity. Energy Transition Milestone: Coal’s share of China’s electricity fell below 50% in H1 (49.7%), with renewables at 41.2%, underscoring the shift toward wind/solar and storage. Semiconductor Capacity for AI: UMC approved a phased fab expansion—cleanroom capacity in Singapore plus a new fab build in Tainan—to meet accelerating AI and edge-computing demand. US Tech Curbs Ripple Through Industry: The FCC ban on advanced humanoid robots and connected power inverters hit Chinese suppliers’ stocks, while lawmakers urged Apple to avoid memory chips from CXMT/YMTC. Industrial Supply Chain & Shipping: Two methanol dual-fuel bulk carriers were named in China, reflecting demand for lower-emission shipping. Construction & Infrastructure: Shanghai completed concrete pouring for a deep excavation pit tied to a major sewage pumping station, a key step in the integrated sewerage system. Auto Competition Pressure: BMW warned of ongoing China-driven price pressure as UK production slumped amid heavy discounting from Chinese brands. Services Consumption: China’s services retail sales rose 5.3% in H1, with faster growth in communication, tourism-related, and cultural/recreational categories. Geopolitics & Risk: Trump said he’d be “disappointed” if China supplies Iran with air-defense systems, as strikes around the region continue to raise uncertainty.