Outbound Investment Clampdown: China issued new rules to tighten control of overseas deals involving Chinese investors, tech, data and national security, with a July 1 start and power to force unwinds—raising compliance risks for global investors in sensitive sectors. South China Sea Diplomacy: The Philippines and Vietnam reaffirmed support for the 2016 arbitral ruling, stressing UNCLOS and self-restraint after leaders’ talks in Manila. Cybersecurity Fallout: The US, EU, NATO, UK, Australia and Japan blamed Chinese hackers tied to China’s state security for attacks on Microsoft Exchange servers, warning of major spillover costs. AI and Tech Rivalry: Analysis and policy coverage kept spotlighting “technological sovereignty” and selective fragmentation in the US-China race, alongside reports of US export controls pushing China’s AI chip industry toward custom designs. China-Latin America Ties: Foreign Minister Wang Yi said China is ready to deepen cooperation with Brazil and the wider region, framing it as support for Global South modernization. Digital Currency Cooperation: A Macao seminar discussed expanding cross-border CBDC links between China and Portuguese-speaking countries, including connectivity with the PBOC’s transfer services. Biotech Milestone: Akeso’s ivonescimab posted phase 3 results cutting death risk by 34% in squamous lung cancer, selected for an ASCO plenary—an attention-grabber for China’s biotech push. Robotics IPO Watch: Unitree Robotics cleared its STAR Market IPO review, signaling momentum for China’s humanoid robot wave. Auto Tech Liability Shift: BYD said it will assume full financial liability for at-fault accidents under its “God’s Eye” autonomous driving system.