Industrial Safety: A shoe factory fire in Jinjiang, Fujian killed 28 workers; Xi Jinping ordered an all-out rescue and a strict accountability probe, with the owner and managers arrested and company accounts frozen. Manufacturing Upgrading: TE and Shanghai SBT Ultrasonic signed partnerships in Munich to help mass-produce aluminum automotive wire harnesses using ultrasonic welding, targeting efficiency and yield issues in the copper-to-aluminum shift. EV Supply Chain & Memory: Ford and GM signed supplier agreements with Micron for next-gen vehicle memory and storage, aiming to boost advanced vehicle production while de-risking supply chains. Energy & Shipping: ADNOC Logistics & Services ordered four more 175,000-cbm LNG carrier newbuildings at Jiangnan Shipyard in a ~$900m deal, lifting its LNG fleet expansion and supporting long-term charters. Cross-border E-commerce Rules: China proposed its first revision to the E-Commerce Law to cover livestreaming, social commerce, and cross-border shopping, pushing platforms toward “innovation-driven” growth and clearer platform obligations. AI-Energy Push: China is stepping up AI integration in the energy sector, with digitalization investment and policy measures expanding across grids, dispatching, trading, and equipment inspection. Regional Business Rhythm: Chinese firms expanding into Malaysia are urged to adapt to local operating tempo and service expectations, beyond just setting up factories and compliance. Market Watch: Hong Kong stocks look set for their strongest week in over a year as sentiment improves for Chinese internet names and chip stocks rebound.