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Nvidia gains approval to sell its H20 AI chip in China, while potential revisions to chip curbs hint at future rare earths trade shifts. Meanwhile, the Pentagon reaffirms its commitment to funding US critical minerals projects, signaling strategic moves in tech and resource sectors.

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Indian economy resilient: GDP likely to grow 6.5% in FY26 despite global shocks, says EAC-PM chief S Mahendra Dev
PositiveFinancial Markets
Despite shaky global conditions, India’s economy is holding steady with a projected 6.5% growth for FY26, according to S Mahendra Dev, chief of the Economic Advisory Council to the PM. The country’s domestic strengths—like controlled inflation, stable interest rates, and strong foreign investment—are keeping the momentum alive. Add in the government’s infrastructure spending and rising consumer demand, and there’s optimism that private investment will pick up too.
Editor’s Note: In a world where economies are wobbling under inflation, trade wars, and supply chain snags, India’s steady growth forecast is a bright spot. It signals that local factors—smart policy, investor confidence, and public spending—are cushioning the blow from global chaos. For everyday folks, this could mean more jobs, better infrastructure, and a healthier business environment. Not bad for turbulent times.
Morocco's economic growth to slow to 4% in 2026, statistics agency says
NeutralFinancial Markets
Morocco's economy is expected to grow by 4% in 2026, according to the country's statistics agency—a slowdown from recent years. While still positive, the dip reflects broader challenges like global economic uncertainty and domestic pressures.
Editor’s Note: Growth slowing to 4% isn’t a crisis, but it’s a sign Morocco’s economy might be hitting some speed bumps. For everyday Moroccans, it could mean tighter budgets or fewer new jobs. For investors, it’s a heads-up to watch how the country navigates these shifts. Not alarming, but worth keeping an eye on.
China's Q2 GDP grows 5.2% y/y, above market forecast
PositiveFinancial Markets
China's economy grew faster than expected in the second quarter, with GDP rising 5.2% compared to the same period last year. That beats what most analysts were predicting, suggesting some resilience despite broader global economic headwinds.
Editor’s Note: This isn’t just a number—it’s a signal that China’s recovery might be holding steady, even as other major economies struggle with inflation and slowing demand. For markets and policymakers, it’s a sign that stimulus measures could be working, but it also raises questions about whether this pace is sustainable long-term. If you’re watching global trade or investments tied to China, this matters.
China GDP growth beats estimates! Economy grows 5.2% in April-June quarter; exports and Trump tariff relief offer cushion
PositiveFinancial Markets
China’s economy grew a solid 5.2% last quarter, slightly slower than before but still better than experts expected. Strong exports and a break from Trump-era tariffs helped keep things moving, even as the trade war with the U.S. loomed in the background. For the first half of the year, growth hit 5.3%—showing the economy’s still got some muscle, even if it’s feeling the pressure.
Editor’s Note: China’s economy isn’t exactly booming like it used to, but it’s holding up surprisingly well despite the trade tensions. The strong export numbers and tariff relief are like a temporary cushion, giving Beijing some breathing room. For the rest of the world, this signals that China’s slowdown isn’t as dramatic as feared—which matters for everything from global markets to the price of goods on shelves.
China's Growth Helped by External Demand, BofA's Qiao Says
NeutralFinancial Markets
China's economy beat expectations in Q2 with 5.2% growth, but BofA economist Helen Qiao points out that this performance leans heavily on foreign demand rather than domestic strength. While exports are propping up the numbers, she flags that local investment and consumer activity—key drivers for sustainable growth—aren't looking particularly robust.
Editor’s Note: This isn’t just a numbers story—it’s about where the growth is coming from. Strong exports might paint a rosy picture now, but if domestic demand stays sluggish, China could face headwinds down the line. For global markets, it’s a reminder that China’s recovery isn’t yet firing on all cylinders.
Finance minister Nirmala Sitharaman promises govt support to power GCC growth
PositiveFinancial Markets
India’s finance minister, Nirmala Sitharaman, is doubling down on support for Global Capability Centres (GCCs)—specialized hubs for multinational companies—calling them a golden goose for the economy. She predicts these hubs could pump $200 billion into India’s GDP and spawn tons of jobs by 2030. The government’s plan? Cut red tape, lock in tax policies, and offer smoother bureaucratic hand-holding to keep GCCs thriving.
Editor’s Note: GCCs are quietly becoming India’s next big economic engine, and the government doesn’t want to miss the ride. By promising stability and fewer headaches for these corporate hubs, they’re betting on long-term gains—more high-value jobs, foreign investment, and a stronger foothold in global tech and services. For businesses eyeing India, this is a green light. For job seekers, it’s a hopeful signal.
China Q2 GDP grows more than expected amid tariff deescalation, consumer subsidies
PositiveFinancial Markets
China's economy grew faster than analysts predicted in the second quarter, thanks to a mix of easing trade tensions and government efforts to boost consumer spending. While global headwinds persist, the numbers suggest some resilience—especially as domestic demand perks up with subsidies and policy support.
Editor’s Note: This isn't just a dry GDP report—it's a sign that China's strategy to cushion its economy (think: consumer incentives and dialing back trade friction) might be working. For markets and policymakers, it’s a tentative green shoot in an otherwise shaky global landscape. If this momentum holds, it could ease fears of a deeper slowdown.
China’s economy grows 5.2% in second quarter
NeutralFinancial Markets
China's economy expanded by 5.2% in the second quarter, defying some expectations despite ongoing global trade tensions. The growth was partly fueled by resilient exports, which helped offset pressure from the U.S.-China trade war. While not a boom, it’s a sign that the world’s second-largest economy is holding steady—for now.
Editor’s Note: This isn’t just a number—it’s a signal of how China is navigating a tricky global landscape. With trade wars rattling economies worldwide, steady growth suggests China’s export machine still has some juice. But don’t pop the champagne yet: slower domestic demand and long-term trade uncertainties mean this could be more of a "holding pattern" than a full rebound. For markets and policymakers, it’s a reminder that China remains a critical (if unpredictable) player in the global economy.

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