HOT TOPICS
Trump threatens tariffs over arms to Iran
U.S. President Donald Trump said that the U.S. is considering jointly managing the Strait of Hormuz with Iran to ensure the security of the waterway and prevent potential threats. He also threatened to immediately impose an additional 50% tariff on all goods from any country that supplies weapons to Iran.
Services sector development guidelines
President Xi Jinping issued instructions on services sector development, calling for efforts to expand capacity, improve quality and foster more “China Service” brands. He emphasized the need for demand-driven growth and technological empowerment.
NEWS SUMMARY
TikTok said it will invest 1 billion euros to build a second data center in Finland.
The Ministry of Industry and Information Technology said it will plan policy measures to guide the development and application of space computing power.
China has released the world’s first panoramic carbon emissions accounting system.
Foreign Minister Wang Yi will visit North Korea.
Spanish Prime Minister Pedro Sanchez will visit China.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
