China Vows to Boost Domestic Demand

Mexico has approved tariffs of up to 50% on various imports from China, prompting a strong response from Beijing, which criticized the measures as unilateral and harmful to Chinese interests.

China, along with several European nations, has raised objections to a proposed exemption for US multinationals from the OECD's global minimum tax framework, effectively stalling the agreement. This move highlights the tensions surrounding international tax policies and the influence of major economies in shaping these regulations.

China's oil demand is projected to plateau between 2025 and 2030, according to research from CNPC. This forecast indicates a significant shift in the country's energy consumption patterns as it navigates economic challenges and seeks to stabilize its energy market.

Mexico has approved tariffs of up to 50% on various imports from China and other countries, set to take effect on January 1. This decision includes a range of goods such as cars, clothing, and appliances, marking a significant shift in the country's trade policy.

The ongoing dispute between Japan and China shows no signs of resolution, as stated by Tetsuo Saito, leader of the Komeito party, during an exclusive interview in Tokyo. Despite previous efforts to ease tensions, Komeito continues to engage with Beijing behind the scenes, indicating a complex diplomatic landscape.

Recent gains in Chinese small-cap stocks have prompted global investors to seek additional A-shares, which are not accessible through Hong Kong transactions, according to UBS Group AG. This trend indicates a growing interest in the Chinese market as investors look for opportunities beyond traditional channels.

U.S. investors are significantly increasing their investments in Chinese artificial intelligence (AI) companies, despite rising tensions and concerns from Congress regarding technology competition between Washington and Beijing. This trend highlights a strong belief in the potential of China's AI sector.

Global trade flows have demonstrated unexpected resilience despite the pressures of increased U.S. tariffs on imports, particularly from China. This situation raises concerns that if Chinese goods, unable to find a market in the U.S., flood other markets at reduced prices, it could disrupt global trade dynamics.