Markets

China’s Football Association launched an innovative player self-recommendation system, attracting over 25,000 registrations. The system, involving registration, information and technical data submission, and multi-stage screening, has already identified 303 promising players, including international talent. This initiative aims to broaden talent identification, enhance transparency, and combat corruption, signaling China’s serious football ambitions.

Singer-songwriter G.E.M. Deng Ziqi will release her debut sci-fi novel, “Revelation Road,” on July 10th. The novel, an extension of her album “Revelation,” explores themes of identity, love, and humanity in a technologically advanced society. It will be available in a standard paperback edition and a special “Eternal Collection Edition” with exclusive merchandise.

Qualcomm China Chairman Jerry highlighted at the 2025 Gmosemiconsductor Conference how terminal-side AI is revolutionizing the semiconductor industry. He discussed AI becoming the new user interface, driving structural demand for chips, and the critical hardware-software synergy required for on-device AI performance. Jerry also emphasized Qualcomm’s collaboration with China’s ecosystem partners to accelerate AI adoption across smartphones, PCs, and vehicles, recognizing China’s leading role in AI innovation.

A new direct maritime route, Tianjin Port – Chancay Port, has launched, significantly boosting Chinese automobile exports to South America. The inaugural voyage carries 1,500 vehicles from Tianjin to Peru. Chancay Port serves as a vital gateway to Latin American markets. This initiative is expected to improve export efficiency for Chinese automakers and supports the sector’s robust global growth.

Seven leading AI models were tested on the challenging 2025 Beijing Junior High School Entrance Examination, focusing on mathematics, Chinese essay, and English essay. While models excelled in essay writing, particularly in Chinese, and showed strong mathematical reasoning, particularly with LaTeX input, challenges remained in image interpretation for math problems. iFlytek Spark and Baidu Wenxin Yiyan performed particularly well across subjects, demonstrating AI’s growing capabilities in academic assessments.

Grupo Aeroportuario del Pacífico (GAP) has released its 2024 Sustainability Report, detailing commitments to environmental stewardship, social responsibility, and corporate governance across its Mexican and Jamaican airport network. The report adheres to GRI, SASB, and IFRS sustainability disclosure standards. GAP operates 20 airports, including major hubs like Guadalajara and Tijuana, and supports transparency through a whistleblower program.

Michael Wolff claims President Trump told him he leaked the New York Times story about Elon Musk’s alleged drug use, even taking credit for it in conversations. Wolff states Trump frequently discussed Musk’s mental state and drug use. The White House vehemently denies Wolff’s allegations, labeling him a fabricator. Musk has denied using illicit drugs, admitting only to prior prescription ketamine use for depression. This comes amid escalating public friction between Trump and Musk.

China has responded positively to the US easing certain export restrictions on EDA software, ethane, and aircraft engines. Beijing confirmed both nations are implementing outcomes from recent economic talks, with teams accelerating groundwork. China is processing export license applications in line with its laws. Beijing urged the US to recognize the mutually beneficial nature of their economic relationship and take constructive actions to ensure stable, long-term growth.

Battery X Metals has optimized its Canadian asset base by relinquishing four claims at the Belanger Project, reducing its landholding to approximately 2,133.6 hectares. The company secured an extension for exploration work until April 2026. Battery X Metals is reviewing strategic options for the project, reinforcing its commitment to battery metals initiatives.

Energy Plug Technologies Corp. has secured an exclusive distribution agreement with Taiwan’s SEETEL New Energy Co., Ltd. for their advanced energy storage systems in Canada, under the “MBT-SEETEL” brand. This partnership aims to supply critical infrastructure sectors like data centers and defense installations across North America. The deal includes dedicated Canadian production capacity and leverages a joint venture with the Malahat First Nation.