China's fiscal revenue expanded 4.7 percent year on year to 12.1 trillion yuan (about 1.78 trillion U.S. dollars) in the first half (H1) of 2026, data from the Ministry of Finance showed on Wednesday.

China expresses strong dissatisfaction and serious concern as the European Commission announced a fine of 555 million euros on AliExpress under the EU's Digital Services Act on July 20, a spokesperson from China's Ministry of Commerce said on Wednesday.

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.