Shoe Factory Tragedy: President Xi Jinping ordered an all-out rescue and a strict accountability probe after a deadly fire at a Fujian shoe factory in Jinjiang killed 28 people, with dozens evacuated and others confirmed dead. Disaster Response: Flooding and extreme weather tied to Typhoon Maysak have killed at least 39 in Guangxi, with cleanup and resettlement efforts under way for stranded residents. Maritime Sovereignty Row: Philippine Defense Secretary Gilberto Teodoro said Chinese scholars’ claims that Batanes belongs to China reinforce Manila’s view that Beijing seeks wider Pacific influence. Military Signaling: Experts say China’s rare submarine-launched long-range missile test in the South Pacific was aimed mainly at the United States, underscoring sea-based nuclear deterrence. AI + Energy Push: China is accelerating AI integration across the power sector, moving from pilots to system-wide digitalization to boost efficiency and resilience. E-Commerce Overhaul: China proposes the first revision to its e-commerce law since 2019, targeting livestreaming, social commerce, and cross-border rules while shifting platforms toward quality competition. Tech Capital Markets: MiniMax is seeking HK$16.04 billion via share sale and bond issue to fund AI growth, as other Hong Kong-listed AI firms also line up fundraising. Renewables Plan: China’s climate plan through 2030 emphasizes using renewable power via storage, transmission, electrification, and low-carbon industrial parks and data centers. Global Fraud Crackdown: Interpol says it identified 142,000 fraud victims in a major anti-fraud operation, including blocked bank accounts and dismantled scam networks. China’s NEV Momentum: New data shows NEVs hitting 67.2% of domestic passenger car sales in June, continuing to reshape the global auto playbook.