Netanyahu rejects US Gaza roadmap as army pulls back to Yellow Line Iran installs IRGC veterans as Hormuz stays shut Deaths on both sides as Russia and Ukraine trade overnight strikes Houthis strike Aramco refinery and hit al-Makha port twice Typhoon Dolphin hits Zhejiang as Hong Kong sets heat record Syria and Russia turn Hmeimim and Tartus into joint training centres Congo puts Ebola toll at 1,887 as outbreak becomes its largest Rhine nears split in two as heat and drought grip Europe Ankara says Mecca defence pact could widen to Egypt Oil climbs as doubts grow over Hormuz reopening Taiwan plans record 16 percent rise in defence spending China's inflation cools as its trade gap with Germany widens Zelensky says North Korea to send up to 50,000 troops to Russia Spain turns back travellers from Italy as Ceuta row deepens Germany widens drone defences after sightings over Patriot base Pentagon presses arms makers for faster deliveries as interceptor stocks thin Israeli army seals off Christian village Taybeh after settler attacks Apple tests Chinese memory chips for iPhones and MacBooks Chinese model Kimi K3 escapes containment in test World's seas hit hottest July on record as El Niño strengthens Ottawa approves federal aid as 102 wildfires burn in British Columbia Nagasaki marks 81 years as Takaichi leaves non-nuclear pledge open Moore Threads plans Hong Kong listing as China steers capital into AI BOJ debates faster rate hikes as weak yen lifts import costs US and Israel target Hezbollah's finances Pope Leo XIV calls for ceasefire and humanitarian corridors in Sudan Thai police say school shooter had viewed violent content online Costa Rican diplomat emerges as front-runner to lead the UN Australia widens curbs on Chinese rare-earth investors as US buys into miner US conditions could sink Saudi civil nuclear deal Vucic threatens to cut water to Kosovo's largest hydropower plant Turkey resumes Black Sea transits as shipowner prepares case against Ukraine Cheap Chinese open-weight models reshape the global AI market Myanmar's junta rejects ASEAN call to free Aung San Suu Kyi Sony and TSMC to invest $6.3bn in Kumamoto image-sensor plant North Korean hacking group builds AI tools for cyberattacks, report says Alleged crime boss Kinahan charged in Dublin after extradition from Dubai Data-centre backlash spreads from British towns to the Texas oil patch Lake Mead falls to its lowest recorded level Chinese provinces push deeper into African agriculture and mining Turkish parliament to pass Kurdish settlement law before summer recess DR Congo hands 15 prisoners to rebel alliance under Doha framework Iran resumes public executions UN expert says no one should be deported to Haiti Study links early social media use to weaker school results California city takes network offline after cyberattack halts 911 dispatch China's Xuelong 2 begins first ice station survey in central Arctic Moody's warns AI race leaves banks dependent on tech suppliers Up to 20,000 seafarers stranded in the Gulf by US-Iran war Dollar near two-month low as US inflation data looms US and Israeli physicists hail China's glueball evidence as triumph FIFA rejects calls for Infantino to resign as Tebas declares his era over Biden's cancer is spreading and very painful, his son says Netanyahu rejects US Gaza roadmap as army pulls back to Yellow Line Iran installs IRGC veterans as Hormuz stays shut Deaths on both sides as Russia and Ukraine trade overnight strikes Houthis strike Aramco refinery and hit al-Makha port twice Typhoon Dolphin hits Zhejiang as Hong Kong sets heat record Syria and Russia turn Hmeimim and Tartus into joint training centres Congo puts Ebola toll at 1,887 as outbreak becomes its largest Rhine nears split in two as heat and drought grip Europe Ankara says Mecca defence pact could widen to Egypt Oil climbs as doubts grow over Hormuz reopening Taiwan plans record 16 percent rise in defence spending China's inflation cools as its trade gap with Germany widens Zelensky says North Korea to send up to 50,000 troops to Russia Spain turns back travellers from Italy as Ceuta row deepens Germany widens drone defences after sightings over Patriot base Pentagon presses arms makers for faster deliveries as interceptor stocks thin Israeli army seals off Christian village Taybeh after settler attacks Apple tests Chinese memory chips for iPhones and MacBooks Chinese model Kimi K3 escapes containment in test World's seas hit hottest July on record as El Niño strengthens Ottawa approves federal aid as 102 wildfires burn in British Columbia Nagasaki marks 81 years as Takaichi leaves non-nuclear pledge open Moore Threads plans Hong Kong listing as China steers capital into AI BOJ debates faster rate hikes as weak yen lifts import costs US and Israel target Hezbollah's finances Pope Leo XIV calls for ceasefire and humanitarian corridors in Sudan Thai police say school shooter had viewed violent content online Costa Rican diplomat emerges as front-runner to lead the UN Australia widens curbs on Chinese rare-earth investors as US buys into miner US conditions could sink Saudi civil nuclear deal Vucic threatens to cut water to Kosovo's largest hydropower plant Turkey resumes Black Sea transits as shipowner prepares case against Ukraine Cheap Chinese open-weight models reshape the global AI market Myanmar's junta rejects ASEAN call to free Aung San Suu Kyi Sony and TSMC to invest $6.3bn in Kumamoto image-sensor plant North Korean hacking group builds AI tools for cyberattacks, report says Alleged crime boss Kinahan charged in Dublin after extradition from Dubai Data-centre backlash spreads from British towns to the Texas oil patch Lake Mead falls to its lowest recorded level Chinese provinces push deeper into African agriculture and mining Turkish parliament to pass Kurdish settlement law before summer recess DR Congo hands 15 prisoners to rebel alliance under Doha framework Iran resumes public executions UN expert says no one should be deported to Haiti Study links early social media use to weaker school results California city takes network offline after cyberattack halts 911 dispatch China's Xuelong 2 begins first ice station survey in central Arctic Moody's warns AI race leaves banks dependent on tech suppliers Up to 20,000 seafarers stranded in the Gulf by US-Iran war Dollar near two-month low as US inflation data looms US and Israeli physicists hail China's glueball evidence as triumph FIFA rejects calls for Infantino to resign as Tebas declares his era over Biden's cancer is spreading and very painful, his son says

Symbolic image: China's inflation cools as its trade gap with Germany widens

Symbolic image

China's inflation cools as its trade gap with Germany widens

7 sources

China's producer and consumer price inflation both slowed in July as the oil shock from the war on Iran eased. Weak home demand leaves exports as the growth engine.

Producer prices rose 3.5 percent year on year, down from 4.1 percent in June and below the 3.8 percent forecast, the statistics bureau said on Sunday. Annual consumer inflation eased to a six-month low of 0.5 percent. ANZ strategist Zhaopeng Xing cited lower oil prices and weakening demand; the Politburo's July pledge of faster fiscal spending will take time to feed through.

Germany's China deficit widens

German exports to China fell more than 12 percent to just under 37 billion euros in the first half, leaving China only the ninth-biggest market for German goods, Germany Trade & Invest reported. Imports rose 8.9 percent, widening the half-year deficit to some 55 billion euros from 40 billion.

Record Chinese EV share in Europe

Chinese brands took 14.2 percent of battery-electric sales in western Europe in the first five months, nearly five points more than a year earlier, Schmidt Automotive Research found. A quarter sold in the UK, which has not copied EU tariffs of up to 35.3 percent. Matthias Schmidt expects the share to have peaked as makers switch to plug-in hybrids, untouched by EU tariffs.

Other opinions

Global Times ties the export slump to Chinese industrial upgrading and rejects the 'China shock' framing Reuters revives as 'China Shock 2.0'.