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US–China Trade Reset: After Trump–Xi talks, the White House says China will buy at least $17bn a year of US farm goods in 2026–28, while restoring access for US beef and resuming poultry from bird-flu-free states—aimed at easing pressure on American farmers. Geopolitics & Markets: Trump and Xi also set a shared goal to denuclearize North Korea, but the Strait of Hormuz remains a live risk for oil and bonds, keeping Asia markets jittery. China Economy Signals: Fresh data shows retail sales up 1.9%, industrial output up 5.6%, but fixed-asset investment down 1.6% and property investment still falling. Tech & Industry: TikTok-style video is helping Chinese AI groups pull ahead, while foreign automakers are turning China plants into export hubs. India Watch: Delhi’s traffic police is coordinating Google Maps and route diversions for the India–Africa Forum and Big Cat summits at Bharat Mandapam.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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China to optimize departure tax refunds to boost inbound consumption

China to optimize departure tax refunds to boost inbound consumption


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