HOT TOPICS
Iran confirms death of security chief
A social media account of Ali Larijani, secretary of Iran’s Supreme National Security Council, verified early Wednesday that he was killed in a U.S. and Israeli strike. In a related development, U.S. National Counterterrorism Center Director Joe Kent resigned on Tuesday, stating in a letter to U.S. President Donald Trump that he could not “in good conscience support the ongoing war in Iran”, adding that “Iran posed no imminent threat” to the U.S.
Foreign ministry clarifies report on Trump visit
China’s foreign ministry spokesperson Lin Jian said Tuesday that Beijing noted the U.S. publicly clarified inaccurate media reports claiming U.S. President Donald Trump would delay a visit to China unless Beijing assisted with escorts in the Strait of Hormuz. Lin added that the reports were completely false and that the visit is unrelated to navigability in the strait, noting that the two sides remain in communication regarding the timing of the visit.
China reveals major foreign investment projects
The National Development and Reform Commission, China’s top economic planner, released a list of 13 landmark major foreign investment projects in its ninth batch, with a planned total investment of $13.4 billion. The projects focus on advanced manufacturing in sectors such as electronics, chemicals, automobiles, and machinery, and include logistics projects for the first time, with funding from countries including the U.K., Germany, Switzerland, Sweden, and Turkey.
NEWS SUMMARY
Domestic
The China Securities Regulatory Commission approved 15 hard-tech funds.
Beijing launched a special campaign to rectify five categories of internet irregularities in the AI sector.
China’s power consumption rose 6.1% year-on-year in the first two months of 2026.
A special action plan for cross-border trade facilitation in 2026 was launched, rolling out 29 measures and expanding a pilot program to 45 cities.
Companies
Nvidia Corp. unveiled its enterprise-grade Lobster model NemoClaw, adding that global AI data center revenue is expected to reach $1 trillion in 2027.
Qualcomm Inc. approved a $20 billion stock buyback program.
Niu Technologies significantly narrowed its full-year net loss in 2025.
JD.com Inc. launched a European online retail brand, Joybuy.
International
China’s foreign ministry announced the provision of emergency humanitarian aid to Iran, Jordan, Lebanon, and Iraq.
China’s foreign ministry expressed firm opposition to the European Union’s unilateral sanctions on two Chinese companies.
Donald Trump criticized allies for a lack of enthusiasm, while the EU emphasized it had no intention of participating in endless wars.
U.S. Treasury Secretary Scott Bessent denied interfering in oil futures.
