Driven partly by expectations of faster Bank of Japan (BoJ) policy tightening, the yen has hovered around a seven-month high this week.

Moore Threads, one of China's most closely watched GPU companies and described by some as a potential challenger to Nvidia, saw its shares fall 3.7 percent on Tuesday after a 20 percent drop a day earlier. The decline pushed its market capitalization below 200 billion yuan ($29.8 billion). Moore Threads was not alone. Shares of some other Chinese GPU companies have also fallen from their previous highs. The pullback has prompted a closer look at the progress of China's GPU industry.

As the 18th BRICS Summit will open from Saturday, some Indian media outlets have shown keen interest in the prospects of China-India cooperation under the BRICS framework, engaging in heated discussion over the potential economic engagements and collaborative opportunities the multilateral platform can unlock for both countries. This attention alone signals growing expectations within India for deeper bilateral trade and economic ties.

India's economic momentum in recent years has been obvious to all. Its remarkable GDP performance and rapid development in sectors including digital industry and biomedicine give it unique advantages when leading discussions on technology governance. If New Delhi can harness its own development momentum and channel it into BRICS cooperation, this summit will not only serve as a showcase for India's global ambitions, but also become a critical opportunity for it to enhance its tech industry.

Chinese artificial intelligence (AI) chipmaker Shanghai Enflame Technology Co Ltd on Wednesday kicked off online and offline subscriptions for its IPO on Shanghai's tech-heavy Star Market, with the online tranche oversubscribed by about 6,109 times, according to a filing with the exchange. The high demand amounted to an initial allotment rate for the online offering of about 0.016 percent.

The US Congress on Tuesday (US time) advanced the new Open-Source AI Leadership Act, which aims to bolster the adoption and use of American open AI models while publicizing risks associated with using foreign adversary models.

Japan's Industry Ministry is seeking an unprecedented 7.8 trillion yen ($49 billion) to accelerate investment in strategic industries such as semiconductors and artificial intelligence (AI), as well as defense and dual-use capabilities, Bloomberg reported. The request reflects Japanese Prime Minister Sanae Takaichi's push to support industrial development through fiscal spending. But mounting economic pressures are narrowing the room for such expansion.

EU climate action commissioner Wopke Hoekstra claimed that Europe must accept higher short-term costs to reduce its dependence on China for clean-energy technologies, warning that delaying action will make the strategic vulnerability harder and more expensive to unwind, according to an exclusive Euronews interview published on Monday.

Despite Washington's tightening grip on artificial intelligence (AI) technology exports to China, four major providers of data for AI models – which help collate, label and package the vast troves of information for Anthropic, Google, Meta, OpenAI and the Pentagon – are still quietly working with China's AI labs on the side, the New York Post reported on Sunday.

#GTVoice: Attempt to frame global trade imbalances as a currency issue merely exposes Western anxiety and laziness over its slipping industrial edge. Offloading domestic challenges – ones that demand industrial upgrading, market opening, and institutional reform – onto China is tempting, but it only distances the West further from any genuine solution.

While China and South Korea are moving at different paces, their core objectives are largely aligned: Both are seeking a more stable, efficient alternative for Asia-Europe cargo flows amid growing risks on traditional maritime routes.

During an appearance in the state of Maine, US Vice President JD Vance on Monday called out Canada for being friendlier to China on trade than to the US, Fox News reported. "They treat Chinese goods more fairly than they do the goods that come from the people of Maine: It's insanity," he claimed.

The debate over data center construction in the US has drawn growing attention. Lee Zeldin, administrator of the Environmental Protection Agency (EPA), warned on Sunday against banning data centers, The Hill reported. He was quoted as saying, "what we can't do is just say, well, let's not have any data centers built all across the entire country and let's just let China win."

As Chinese-made humanoid robots are making spectacular performance at the 2nd World Humanoid Robot Games (WHRG), the commercial prospects of humanoid robots have become a topic of discussion among some Western media outlets.

A refrigerator spying on you? It sounds like something out of a spy novel. Yet an unsubstantiated claim over Chinese technology has reached areas once considered far removed from traditional security concerns. A recent opinion article in The Washington Times, headlined "China's espionage threat reaches American living rooms," shows how far this claim has extended into everyday life. But when even a refrigerator can become part of a spy narrative, the bigger question may no longer be what the device can do, but whether the smearing campaign itself has gone too far.

The US International Development Finance Corp has committed $62.8 million to rare-earth projects in Malawi, Angola, Madagascar and South Africa, though none has so far reached production, Reuters reported on Wednesday.

As some high-tech companies have risen to the top of China's market capitalization rankings, Kweichow Moutai - a distiller that was once China's most valuable listed firm by market capitalization - has sparked debate in some Western media outlets over whether China's traditional industries are losing ground to technology-driven growth. The question itself rests on a flawed zero-sum view of economic transition. China's economic development is not a contest between old and new growth drivers in which one has to replace the other.

Alibaba Cloud has announced the launch of its third data center in South Korea, a move designed to meet the surging local demand for artificial intelligence (AI) and cloud computing services while further improving its regional digital infrastructure layout, the Yonhap News Agency reported.

Western media outlets have long viewed China's renewable energy progress with a bias rooted in competitive anxiety, warning of "overcapacity" when installations surge, and crying "waste" the moment curtailment shows up.

The World Robot Conference 2026 will be held from August 19 to 23 in Beijing's Yizhuang, which is expected to showcase robust industrial vitality and innovative momentum in China's robotics sector.

US Commerce Secretary Howard Lutnick said in a recent interview that the US government doesn't want Apple to buy memory chips from China, claiming that there have to be “other solutions to the memory issue, but it's not great American companies using Chinese memory,” The Wall Street Journal reported on Friday.

Tencent Holdings Ltd's financial report for the second quarter of 2026 has quickly captured market attention, especially for its massive spending on artificial intelligence (AI) infrastructure.

The latest labor force survey released by Statistics Canada has taken the market by surprise. Canada's employment jumped by 75,100 positions in July on strong gains in both the full-time and part-time sectors. The jobless rate fell for the third consecutive month, dipping from 6.5 percent to 6.4 percent, its lowest level in two years, according to Reuters.

South Korea is grappling with scorching heat waves this summer, with temperatures soaring above 40 C in its capital city of Seoul for the first time since 2018. The extreme weather has dominated newspaper headlines lately, which has wreaked havoc on the people's health and agricultural production there.

In a report released on Tuesday, the World Bank made an optimistic assessment that artificial intelligence (AI) could allow developing countries to do in a decade what might otherwise take a century. The report found that AI will throw developing economies a lifeline, and that the technology's greatest promise for developing countries lies not in replacing workers, but in amplifying what they can do.

Cooperation in automotive industrial chains between China and South Korea has been gaining momentum. The latest example is the signing of a $75 million investment agreement between South Korean automaker KG Mobility (KGM) and China's Chery Automobile Co, the Yonhap News Agency reported on Monday. The Chinese automaker's global vehicle platforms and extensive supply chain are expected to support KGM's efforts to accelerate new model development and expand its overseas business, the report said.

Western media outlets have recently been keen to hype the narrative that China prioritizes industry over consumption. The latest example is a Reuters report on Monday, headlined "China draws 'red lines' around its economic model ahead of EU, US trade talks," which claimed that "China is energetically defending its economic policy mix that favors advanced industries over consumption."

Last year, the "new trio" of new-energy vehicles, lithium batteries and photovoltaic products made a strong impression in global markets, becoming standout symbols of Chinese manufacturing. This year, artificial intelligence, robotics and innovative medicines - dubbed the "next new three" - are expected to emerge as new pillars of growth.

The ultimate criterion for technological progress has never been about who shouts the loudest, but who creates tangible value for more people. The growth of China's AI industry is not to be slowed down by a few deeply biased Western media commentators.

Green and renewable energies hold good potential as a new area of growth in China-South Korea trade, driven by South Korea's genuine need for energy. The massive energy cooperation potential will certainly create new opportunities for businesses on both sides and support South Korea's industrial development. Yet realizing this potential will depend on the openness of markets and whether companies on both sides can find commercially viable solutions.

Editor's Note: Artem Oganov (Oganov), a distinguished professor at the Skolkovo Institute of Science and Technology and chief scientific officer of Sber University in Russia, and a foreign expert at China's Xinjiang Technical Institute of Physics and Chemistry, received the 2025 China International Science and Technology Cooperation Award on July 8. What are his views on China's technological rise and China's sci-tech R&D environment? Oganov shared his perspectives with Global Times (GT) reporter Ma Jingjing.

From the "old three" exports of clothing, furniture, and appliances, to the "new three" of electric vehicles, lithium batteries, and solar cells, China's industrial evolution has now entered a new era defined by its newest industrial champions: robotics, artificial intelligence (AI), and innovative drugs. These sectors have firmly established themselves as the new "new three," reflecting not only the continued growth in China's innovation capacity but also the accelerated iteration of its industrial system.

After two years of improving attitudes toward artificial intelligence (AI), Americans are becoming more skeptical of the technology - a trend that could pose longer-term challenges for the country's AI development. A Bentley University-Gallup survey released on Tuesday found that 39 percent of respondents believed that AI does more harm than good, while only 9 percent said that it does more good than harm. The growing unease appears to reflect concerns over employment, with 79 percent of respondents saying they believe that AI will reduce the number of US jobs over the next decade.

A wave of Chinese entrants into Britain's ‌car market is piling pressure on traditional manufacturers, Mike Hawes, CEO of the Society of Motor Manufacturers and Traders, the country's main automotive industry body, said on Thursday. Yet, he also acknowledged that Chinese competition was just one of several pressures facing Britain's automotive industry, also highlighting high energy costs, weak investment and regulations, Reuters reported.

Amid ongoing debate over China's exports, some Western media outlets and think tanks have advanced the so-called “China squeeze” narrative, claiming that China is squeezing the industrialization space available to developing economies. But a closer look at the evidence raises a different question: is China truly constraining these economies, or is it helping them build the capabilities needed for industrialization?

A narrative has gained traction in recent years that attributes global supply-demand mismatches, trade frictions and growing competitive pressures to expanding industrial supply in emerging markets, particularly what it describes as "China's industrial overcapacity". This argument reverses cause and effect and obscures the deeper issue: the structural flaws of an international monetary system built around the U.S. dollar's dominance.

Some Western media outlets have often hyped an artificial intelligence (AI) showdown between the US and China these days, with some even peddling the so-called "China AI threat" narrative. Beneath such coverage lies the assumption that technological progress is set to become the latest front of power rivalry.

As competition over AI technology intensifies globally, the development of China's western cities offers a new perspective on high-standard digital cooperation. The Xinhua News Agency reported that several participants at the APEC Digital and AI Ministerial Meeting and a series of digital events held in Chengdu, Southwest China's Sichuan Province from July 16 to 29 noted that western Chinese cities are becoming a force of growing importance in Asia-Pacific digital cooperation.

South Korea is taking intensive measures to demonstrate its determination to seize opportunities in the era of artificial intelligence (AI).

Advance data from the Bank of Korea showed on Thursday that the South Korean economy grew 0.6 percent in the second quarter from the previous quarter, beating market expectations, the Yonhap News Agency reported.

India's steel industry appears to be approaching a crossroads. Reuters reported on Tuesday that Indian steelmakers are pivoting to the domestic market to offset weaker exports as key markets such as Europe and Britain tighten imports. Yet the domestic market may offer little relief. Executives and analysts said that Chinese steel is priced $52-$63 per ton below domestic grades, making it increasingly difficult for Indian mills to absorb output diverted from export markets.

The yen's weakness, already a major market focus, is pushing the Japanese economy into uncharted uncertainty at a pace far exceeding market expectations.

Samsung Electronics' job cuts and relocation plan in the US have drawn widespread attention. The adjustments come as the US seeks to draw South Korean chipmakers deeper into US-based production. Yet simply following US priorities risks South Korea losing its initiative in industrial development.

Amid rising protectionism, Germany's investment summit will test whether it remains committed to open markets and a fair business climate. The choice will shape its appeal to global capital.

When it comes to trade with China, there has been growing hype from the EU over the “undervalued yuan” these days. This one-sided interpretation defies basic global economic principles and fails to address the root causes of Europe's persistent trade challenges.

US Trade Representative Jamieson Greer said in a Bloomberg TV interview on Thursday that the US wants Vietnam to take more action on non-tariff barriers, economic security cooperation and intellectual property as the two sides continue to wrangle over a trade deal after months of negotiations, Bloomberg reported. Beneath this technical-sounding trade rhetoric lies Washington's geopolitical calculus: to employ economic leverage to draw Vietnam into its technology-restriction orbit, with the evident aim of tightening the net around China's access to advanced technologies. But Vietnam does not need to pick sides to pursue its economic and trade interests.

The question the world should be asking is not how many barrels of oil China will import, but when the global energy channel crisis will be resolved. Global energy stability requires a clear-eyed confrontation with the supply-side disruptions at their source – and the political will to fix them.

With global trade protectionism on the rise and supply chain security frequently politicized, Chinese-made air conditioners traveling to Europe via the China-Europe Railway Express reveal the true essence of China-EU economic and trade ties.

Viewed beyond the perspective of automotive market competition and from the broader picture of China-South Korea economic and trade relations, any protectionist mindset runs counter to the general trend of mutually beneficial win-win cooperation.

Since Europe's energy transition hinges on stable and cost-effective supplies, China's high-quality green manufacturing will be greatly helpful for Europe. Any trade barrier will only reduce Europe's room for international cooperation.

Even amid high-profile US-South Korea industrial cooperation, the underlying logic of global shipbuilding competition has not been fundamentally reshaped by geopolitical agendas as many expected before.

As the EU debates its auto industry's future, some politicians have hyped the so-called “China threat” rhetoric to justify protectionism. Yet rising EV sales show the need to prioritize consumers over protectionism.

China and South Korea's efforts to enhance their currencies' global roles reflect the broader diversification of the global monetary system. Strong economic and trade ties provide a foundation for deeper financial cooperation between the two countries.

What China's EVs bring to global markets is not only more consumer choice, but also a cost-efficient path for auto green transition. Chinese EVs will continue to expand, with a tech-driven, cooperation-focused approach unlocking new global industrial momentum.

As China-India relations show signs of recovery and improvement, India could consider ramping up efforts to attract Chinese investment. At a minimum, Chinese investors should be given a fair, transparent and non-discriminatory investment environment.

To expand exports to China, an official from Vietnam's ministry of agriculture and environment said the country's agricultural sector must shift from output-driven growth to a new model focused on quality, value addition and low-carbon development, the Vietnam News Agency reported on Wednesday. In 2025, Vietnam's fruit and vegetable exports to China reached about $5.5 billion.

China has evolved from the “world's factory” to an “innovation powerhouse.” This shift has generated an “innovation dividend” with positive spillovers for the global economy, and is increasingly a source of momentum.

Japan's white paper recognizes the deep, extensive economic and trade ties between China and emerging markets, yet attempts to override market-driven choices with geopolitical rhetoric, a contradiction that cannot help with Japan's export competitiveness.

South Korea on Monday set out an industrial strategy centered on semiconductors and artificial intelligence (AI).

On a question that has drawn rising attention from global affairs observers - why global businesses cannot write off the Chinese economy - Joe Ngai, McKinsey's Greater China chair, offered an observation in an earlier interview with Fortune: "the next China is still China." In a more recent interview with CNBC, Ngai went further, describing China as the "factory for factories," where international companies are not only coming to sell to the market, but also to learn from it.

As extreme heat waves become increasingly normal in Europe, the continent's energy system is being tested. There's a growing urgency to accelerate the restructuring of Europe's energy mix. If Europe sets aside protectionism, it can significantly reduce the economic costs of its energy transition.

Whether or not India and the US seal an interim trade pact, the real test for India lies in balancing domestic industrial interests with external trade demands. India needs more diversified leeway in the global trade landscape. That is increasingly where Asia's industrial chain comes into play.

Views of European politicians and media outlets toward Chinese investment have long been complex and multifaceted. Influenced by geopolitical anxieties and concerns over industrial security, many biased opinions have emerged in the European market. Yet the industrial complementarity between China and Europe rests on solid economic foundations.

Amid profound shifts in the global energy landscape, the question of whether BRICS members can deepen collaboration to drive the global green transition carries profound significance – not only for their own sustainable growth but also for the broader Global South.

According to the China Chamber of Commerce for Motorcycle, China's motorcycle exports to Europe reached about $1.68 billion last year, up 38.72 percent year-on-year. This is a microcosm of the growing global recognition of “Made in China” as a technologically competitive force.

Western media outlets have been hyping the EU's trade deficit with China, peddling the narrative that the bloc is on the “losing side” in cooperation with China. Yet, such rhetoric rests on an incomplete and irresponsible reading of the bilateral economic relationship.

The improving performance of South Korean fashion companies in China contrasts with Western media narratives of “weak consumption.” This divide in view reflects a fundamental gap in perception and mindset.

China's energy supply and demand draw widespread market attention. Thanks to progress in traditional energy security and new-energy expansion, it has weathered global market volatility. More notably, its resilient energy system also supports the regional economy.

At its core, foreign trade is the cross-border circulation of products. As global industrial and supply chains undergo profound restructuring, expansion into international market has become an inevitable trend for Chinese enterprises. To achieve high-quality economic globalization, several priorities deserve attention.

For many years, foreign trade has been a major engine of China's economic growth. China's total goods trade reached 20.68 trillion yuan ($2.9 trillion) in the first five months of 2026, up 15.3 percent year-on-year, according to the General Administration of Customs.

China-Europe cooperation in vehicle industrial chains represents an opportunity. However, such cooperation must be grounded in commercial rules. Neither side should use protectionist measures to force the other side's business decisions.

The 10th China-South Asia Exposition is set to be held from June 11 to 16 in Kunming, Southwest China's Yunnan Province. With 13 themed pavilions covering services trade, green energy, cultural tourism, intelligent manufacturing, modern agriculture, and other key sectors, the event stands as one of the largest comprehensive trade fairs for South Asia.

Framing Chinese exports as a threat contradicts both the economic facts and the real interests of companies and consumers worldwide. In today's deeply interconnected global economy, recognizing the positive value of China's exports and upholding an open, cooperative trade environment is the rational choice that serves everyone's interests.

While it is not uncommon to see EU politicians hype the so-called “economic threat” from China, such rhetoric does not mask Europe's genuine need for cooperation with China.

One month has passed since the issuance of a May 8 order by India's Department for Promotion of Industry and Internal Trade, which linked compressor imports in the current fiscal year to a percentage of volumes imported in fiscal 2025.

The US has used national security as a tool, arbitrarily branding purely commercial procurement and cross-border infrastructure cooperation as geopolitical risks. The practice casts a shadow over global digital infrastructure cooperation and will backfire on the US.

The World Economic Forum on Tuesday announced on its official website the third cohort of its MINDS program, recognizing organizations using artificial intelligence (AI) and frontier technology to tackle complex global challenges, with more than half of the selected pioneers from China.

In-depth cooperation along the industry chain carries profound practical significance for the high-quality development of both the Chinese and South Korean shipbuilding industries.

South Korea's latest export figures reflect the mutually beneficial industrial cooperation between China and South Korea. They send a clear message to the world that China's market potential continues to grow, and economies that deepen practical cooperation with China are reaping tangible economic rewards.

China's outbound investment is creating opportunities through deeper global industrial linkages. Protecting legitimate investor interests would support economic efficiency and global growth.

The yuan's recent performance has drawn market attention for its upward momentum. As external shocks stoke volatility across Asian financial markets, the yuan's appreciation holds far-reaching implications for regional financial cooperation.

China's wind power supply chain is an opportunity for Europe to lower its transition costs. Defining partners as threats will ultimately harm Europe's own industrial competitiveness.

Despite China's globally recognized investments and achievements in renewable energy development, skepticism about its climate actions remains a recurring topic of Western public opinion. This has less to do with genuine concern for climate governance than with the double standards applied by certain Western institutions.

As artificial intelligence (AI) and robotics technologies rapidly weave themselves into daily life, China's embodied AI market is projected to reach 400 billion yuan ($58.96 billion) by 2030, potentially surpassing 1 trillion yuan by 2035, while creating more than 1 million jobs, CCTV News reported on Monday.

Some international commentaries on China's electric-vehicle (EV) industry tend to focus on exports, pricing and China's manufacturing scale. But another set of numbers tells a different story. The People's Daily reported on Sunday that the number of EV charging facilities in China had reached 21.955 million at the end of April.

Chinese companies are purchasing a growing number of overseas consumer brands, the Financial Times reported on Saturday. There were $2.4 billion of consumption goods deals seen in the first quarter of this year, almost all in Europe and North America. Last year's total of $6.8 billion investment was the highest since 2018, data from consultancy Rhodium Group showed.

Some in the West appear to believe that a breakthrough on pricing could facilitate investment in critical minerals supply chains. But the real problem with Western rare earths is not a lack of pricing rules; it is the lack of a commercially viable industrial foundation for critical minerals.

The so-called China shock rhetoric is essentially a carefully packaged projection of anxiety. It ignores the positive value of China's supply chains in the global economic cycle. In essence, it serves to pave the road for trade protectionism and stands against the very trend of economic globalization.

There is no shortcut to improving industrial competitiveness. If the EU continues to indulge in creating a comfortable internal environment through trade protection, its industry woes will only spread faster on the hotbed of protectionism.

As India's industrialization accelerates, energy pressure will only intensify. This is why renewable energy has become an absolute necessity, and why it opens new opportunities for deeper China-India cooperation in the new-energy sector.

As the Chinese mainland's innovative pharmaceuticals industry starts to gain global recognition, Hong Kong is leveraging its distinctive edge to align with the national development strategy and build itself into a drug innovation hub in the world, playing an indispensable role in China's evolution from a major drug maker to a strong innovator in biopharmaceuticals.

As the global auto industry undergoes a profound transition toward electrification and intelligence, the pragmatic signal of industrial cooperation with China from an official of the German state of Saxony, and the market rationality and practical urgency behind it, deserve consideration by the EU.

The restructuring of the global industrial chain has brought challenges and opportunities to all economies. Whether the EU can seize these opportunities hinges on one thing: its readiness to pursue meaningful reforms, instead of scapegoating China.

The development of China's auto industry is not about taking others' share, but making the whole pie larger. Calling it a “shock” distorts facts and misreads future opportunities.

The active integration of numerous foreign partners into China's industrial chain stands as the strongest testament to the country's comprehensive strength, vast market potential, robust industrial ecosystem, and the immense opportunities it offers. It is wise for foreign firms to seize these chances.

How to foster AI innovation while effectively managing ethical risks is a pressing global challenge. Facing the problem, China has moved forward with practical action to explore responsible AI innovation.

Anti-dumping complaints by Europe's chemical companies have reached an all-time high, with Brussels launching dozens of cases into Chinese imports over the past two years, the Financial Times reported on Wednesday.

Chinese carmakers' overseas expansion extends to in-depth integration across the entire industrial chain, fostering more complex and intensive mutually beneficial cooperation between Chinese and European vehicle industries.

Warnings of heat waves show the urgency of the energy transition. While protectionist measures raise the cost of clean energy adoption, more open industrial cooperation can help the world address rising temperatures.

From the symposium in Nairobi to discussions at the Zimbabwe trade fair, enthusiasm from African businesses sends a clear message: China's zero-tariff policy will bring not just higher trade figures, but also new momentum for Africa's industrialization.