EDITORIAL

• Editorial: Local Debt Risks Remain a Chronic Disease

FINANCE

• China’s Central Bank Hits Milestone as Yuan ‘Breaks 7’
• When Insider Trading Doesn’t Pay
• Serial Defaulter Kangde Xin Barred From Debt Financing
• Restructuring Bank of Jinzhou Gets New President From New Investor ICBC
• China Securities Regulator Rewards Whistleblowers in Three Cases

ECONOMY

• Update: Factory Deflation Returns for First Time in Nearly Three Years
• In Depth: The Inconvenient Truth About China’s Investment Funk
• China Accuses U.S. of ‘Protectionism’ After Being Branded Currency Manipulator
• Chinese Farmers Are Growing Soybeans in Russia as China Substitutes U.S. Suppliers

BUSINESS & TECH

• Huawei Unveils Self-Developed, Sanctions-Proof Operating System
• Foxconn’s Terry Gou Plans to Sell $8.5 Billion LCD Production Line
• Why Faking Engagement on Short-Video Apps Is Pricey
• As Flex Pares Huawei Business, Manufacturer Suspends Second Factory
• Despite U.S. Charges of Massive Tariff Evasion, Zhongwang Says It’s Business as Usual