Taiwan Begins Han Kuang 42 Drills With Civilian Readiness Tests
Taiwan’s Han Kuang 42 drills run through August 14 and test military readiness, arms-production relocation, sea routes, communications and civilian response.
China
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China’s First Consumption Plan Puts Household Spending at the Center
China’s first dedicated 2026-2030 consumption plan targets 60 trillion yuan in retail sales, but weak demand and precautionary saving complicate delivery.
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Philippines, U.S. warn against coercion as ASEAN talks continue
U.S. and Philippine officials warned against coercion in Kuala Lumpur as ASEAN said South China Sea code-of-conduct talks with China had accelerated.
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China’s factory activity contracts as weak demand tests growth strategy
China’s manufacturing PMI fell below 50 in July as new orders weakened, testing whether high-tech investment and exports can offset softer domestic demand.
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ASEAN and China Renew Push for South China Sea Code in 2026
ASEAN and China renewed a 2026 goal for a South China Sea conduct code in Manila, but no final text exists and maritime tensions remain unresolved.
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China, U.S. Consult on Proposed Tariff Cuts Covering $30 Billion Each
China and the United States are consulting stakeholders on proposed tariff reductions covering about $30 billion in products per side, but no tariff schedule is final.
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China Holds Drills Near Disputed Scarborough Shoal as ASEAN Talks Continue
China reported naval and air drills near Scarborough Shoal as ASEAN and China pursue a 2026 South China Sea code of conduct that remains unfinished.
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China-Philippines clashes test ASEAN’s South China Sea diplomacy
July confrontations near Scarborough and Second Thomas shoals tested ASEAN’s warnings on maritime safety as negotiations with China target a 2026 code of conduct.
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Typhoon Noul Weakens in Southern China as Flood Response Continues
Typhoon Noul weakened after landfall, but Guangdong continued flood monitoring and emergency logistics as heavy rain risks remained across southern China.
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China adds 14 EU entities to export-control list in Russia sanctions retaliation
China’s MOFCOM says it will bar exports of dual-use goods to 14 EU entities, effective immediately, citing retaliation for the EU’s latest Russia sanctions.