China

• China’s Weak Currency Is Powering Its Exports and Drawing Criticism - China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
• China’s Trade Surplus Climbs Past $1 Trillion for First Time - President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
• Superpower Competition: The Missing Chapter in Trump’s Security Strategy - President Trump is shifting from discussion of the long-lasting competition among the world’s biggest economies and nuclear powers.
• Bessent Divested From Soybean Farms After Ethics Office Warning - The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
• Trump trade war shift away from Chinese manufacturing has reached tipping point - A long-term supply chain shift pulls the rest of Asia even with manufacturing giant China, but for importers, a short-term cash crunch from tariffs is looming.
• Japan and Australia urge calm after Chinese radar locks on Japanese jets - Japan and Australia urged calm on Sunday after Chinese military aircraft locked radar on Japanese fighter jets, a month after the Japanese leader’s recent remarks on Taiwan that stirred tensions between Tokyo and Beijing. Defense Minister
• 'Terrifying': Why U.S. senator in top intel post wants more spying on Chinese companies - Chinese biotech BGI will pass Huawei in scale and threat, says Sen. Mark Warner. 'It's terrifying,' he said at CNBC event, pushing for more corporate spying.
• French first lady Brigitte Macron visits an old friend in China: A giant panda called Yuan Meng - At a panda reserve in southwest China that Yuan Meng now calls home, the first lady marveled at how big he has grown. For decades, China has deployed what's often called “panda diplomacy" to smooth and promote relations with other countrie
• 'China's Nvidia' Moore Threads surges over 400% on trading debut after $1.1 billion listing - Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
• Nvidia Can't Degrade Chips That Go to China, Huang Says - Nvidia CEO Jensen Huang says his company cannot "degrade chips" that it sells to China and that he doesn't know if China will accept H200 chips. Huang visited lawmakers on Capitol Hill yesterday. Bloomberg's Ed