AI Chips & Semiconductors: SMIC and Hua Hong Grace Semiconductor both posted triple-digit profit jumps in Q2 as AI chip demand keeps squeezing supply, with SMIC net profit up about 262% and revenue rising 36%. Ride-Hailing & Mobility: Didi says average daily international orders topped 15 million in Q2, while China remained the bigger base; overseas growth is still accelerating. Healthcare Supply Chains: China’s volume-based insulin procurement is pushing local makers to upgrade quality and manufacturing, with Sunshine Lake Pharma starting US shipments of insulin glargine. US Tariffs & “Shadow Transshipment” Claims: The White House accuses 40+ countries of helping China evade US duties via a “Great Transshipment Scam,” naming places including Canada, India, Mexico, Japan and South Korea. Legal Crackdown on Fraud: US DOJ unsealed charges against 11 people tied to 1,000+ sham marriages allegedly helping Chinese nationals bypass immigration rules. China–New Zealand Tensions: Beijing rejects NZSIS claims of espionage “at scale,” calling them groundless and warning against disinformation. Philippines–China Maritime Talks: Marcos says a “provisional understanding” on Ayungin resupply won’t weaken Philippine sovereignty or territorial claims. Apple’s China AI Move: Reuters reports Apple trained a China-specific AI model with Alibaba support, aiming to launch Apple Intelligence in China soon. China–Pakistan Diplomacy: China’s ambassador Jiang Zaidong met Pakistan’s FM Dar, reaffirming close ties and offering condolences over a Chinese mountaineer’s death in Broad Peak. Trade/Brand Signals: GM China says Chevrolet will keep producing for export but end sales in China, marking a retreat after two decades. Science & Culture: Chinese teams report a microbial “oasis” in ocean trenches and new wave-like structures in the Milky Way’s outer disk; meanwhile, “Tea for Harmony” events bring Chinese tea and Sichuan opera to Morocco.