Manufacturing Pulse: China’s official factory PMI rose to 50.3 in June, returning to expansion as AI-related chip and computer exports stayed strong and firms front-loaded orders ahead of expected US tariff hikes. Currency Watch: The yuan firmed against the dollar, supported by exporter dollar-conversion demand, with traders looking to upcoming US jobs data for the next move. AI in Classrooms: Chinese schools are rolling out AI tools for learning and feedback, from math help to vision-based sports tracking, while keeping students from fully outsourcing thinking. Humanoid Reality Check: A growing rental market for humanoid robots in China is exposing limits: today’s machines still need human control and can’t yet replace labor at scale. EV Push Abroad: Chinese EV makers are gaining traction in South Korea’s import market, with BYD among brands benefiting from rising local interest and improving perceptions. Biotech Deal: Innovent Biologics and Lilly signed a mainland China distribution and promotion agreement for Verzenios (abemaciclib). IPO Spotlight: Momenta kicked off its Hong Kong IPO subscription, backed by major global investors including GIC and BlackRock. Health Research: A Japanese study re-estimated Alzheimer’s risk for APOE-e4 homozygotes, finding the risk is lower than older widely cited figures. Space & Transport: China’s Tiangong/space research continues alongside new high-speed rail links, including the Xi’an–Shiyan corridor.