The US administration will reportedly investigate whether Chinese artificial intelligence (AI) models were "distilled from American models," US Treasury Secretary Scott Bessent claimed on Tuesday, according to a CNBC report.

The Walt Disney Company laid off several hundred employees on Tuesday in its latest round of job cuts, as the entertainment giant continues to streamline its operations with fewer projects, tighter budgets, and a more integrated corporate structure.

In order to promote more balanced and coordinated growth between imports and exports, China will expand imports of advanced technology and equipment, key components, energy resources, and high-quality agricultural products while broadening their source countries during the 15th Five-Year Plan period

Global economic recovery remains sluggish, and foreign direct investment continues to face pressure from persistent uncertainty.

As the 2026 FIFA World Cup in the United States, Mexico and Canada came to a close, Chinese companies played an active role in the global football spectacle.

China's Ministry of Commerce (MOFCOM) said on Wednesday that imported Brazilian beef reached 80 percent of import quota for Brazil on Tuesday (July 21).