Evergrande Fallout: China’s courts moved to close the Evergrande collapse for good, with a Guangdong court accepting liquidation steps for Hengda Real Estate and sentencing founder Hui Ka-yan to life in prison, alongside major fines—another sign Beijing is pushing for finality in the property debt cleanup. Consumption Push: The finance ministry says it has ramped up fiscal support for domestic demand, including 187.5 billion yuan for consumer trade-ins and invoice lottery campaigns in 50 cities, as officials look to sustain growth momentum. Birth-Friendly Policy: China reported 24 million children benefiting from fee waivers for the final kindergarten year and over 25 million infants and toddlers receiving childcare subsidies, aimed at easing costs amid demographic pressure. AI Chips & Tech Exports: Horizon Robotics says its intelligent-driving chip is entering Europe via a Bosch alliance, while NVIDIA continues to navigate China-specific AI chip rules and approvals. EU-China Trade Friction: China used new legal powers to block EU scrutiny tied to JD.com’s planned Ceconomy takeover, warning the bloc against “extraterritorial” overreach. Robots to Real Work: Unitree’s humanoid robot listing and broader AI funding chatter underline how China’s robot sector is chasing a “ChatGPT moment” while investors pile into tech exposure. Global Watch: China and Switzerland completed talks on upgrading their free trade deal, and China’s yuan hovered near a 3-1/2-year peak as markets tracked US policy signals.