Domestic News: 1. Jiangsu Province significantly increases subsidies for car upgrades to boost consumption. 2. Yu Yuan Tan Tian: China is prepared for substantial countermeasures against Japan. 3. Low-priced Moutai products removed from Douyin (Ti

2025-11-16

Domestic News: 1. Jiangsu Province significantly increases subsidies for car upgrades to boost consumption. 2. Yu Yuan Tan Tian: China is prepared for substantial countermeasures against Japan. 3. Low-priced Moutai products removed from Douyin (TikTok); merchants await platform assessment. 4. According to the China Securities Regulatory Commission (CSRC) website, Unitree Technology released its IPO guidance completion report. 5. Qiushi magazine published an important article by General Secretary Xi Jinping entitled "Developing New Productive Forces According to Local Conditions." 6. The Ministry of Foreign Affairs advises against traveling to Japan recently; several airlines issued notices on the same day: tickets to Japan can be refunded and rebooked free of charge. 7. The Taiwan Affairs Office responded to US arms sales to Taiwan: firmly opposes US arms sales to Taiwan and urges the US to handle the Taiwan issue with utmost caution. International News: 1. Thai government: Thai-US tariff negotiations will continue. 2. The Democratic Republic of Congo government and the M23 Movement signed a comprehensive peace framework agreement. 3. Canadian Prime Minister Carney: US tariffs will cost Canada 50 billion Canadian dollars. 4. Market News: Former Federal Reserve Governor Coogler faced an ethics investigation before resigning. 5. Trump stated the US would conduct a nuclear test; reports indicate that Department of Energy officials plan to dissuade him. 6. Berkshire Hathaway disclosed rare tech stock holdings, including a Q3 investment in Alphabet, Google's parent company. 7. US Media: The Trump administration discussed limiting the powers of the FDA Commissioner. 8. Financial Times: Apple is accelerating its succession planning, preparing for Cook to step down as CEO as early as next year. 9. Market News: The EU is considering increasing its defense and border security budget, potentially reaching €190 billion by 2026.