QtrendsChina's electric trucks go global, gold rules revised
China's heavy-duty electric truck industry is rapidly expanding abroad, positioning the country as a leader in net-zero freight. Beijing has blacklisted US rare earth miners amid ongoing trade tensions, while Commerce Minister Wang Wentao prepares for trade talks in Brussels. Separately, China is reviewing its gold import and export regulations, signaling potential policy shifts in precious metals trade.
Sources:
China mulls revisions to gold import, export regulations
(China Daily)
South Korean retailers are leveraging K-pop's popularity to gain traction in China's competitive convenience store market, which remains far from saturated despite crowded competition. Meanwhile, Chinese sportswear group Xtep has opened its first Saucony store in Hong Kong, signaling confidence in the city's retail recovery as market sentiment improves and retailers return to premium locations.
AI-linked stocks have suffered another sharp selloff, marking one of the worst weeks for tech stocks in a year. The downturn has raised questions about the sustainability of the AI trade that previously turbocharged the market. Despite the rout, some analysts note that AI investment is beginning to show real economic impact beyond stock prices.