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US 4-month Treasury auction bid-cover ratio 2.76, prior 3.35.
2026-07-22
US 4-month Treasury auction bid-cover ratio 2.76, prior 3.35.
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2026-07-22
Volkswagen Group China is accelerating the development of Level 3 and Level 4 autonomous driving capabilities by deepening its collaboration with Horizon Robotics in AI. Deliveries of Level 3 autonomous driving capabilities are scheduled to begin as
Volkswagen Group China is accelerating the development of Level 3 and Level 4 autonomous driving capabilities by deepening its collaboration with Horizon Robotics in AI. Deliveries of Level 3 autonomous driving capabilities are scheduled to begin as early as the second half of next year.
2026-07-22
Shanghai’s Municipal Ocean Bureau issued its 15th Five-Year marine development plan, calling to build a world-class shipbuilding and offshore-equipment industry cluster focused on high-tech, high-value vessels and large cruise-ship design, constructi
Shanghai’s Municipal Ocean Bureau issued its 15th Five-Year marine development plan, calling to build a world-class shipbuilding and offshore-equipment industry cluster focused on high-tech, high-value vessels and large cruise-ship design, construction and operation. The plan targets enhanced design, R&D and manufacturing capacity for ultra-large LNG carriers and development of high-end offshore product lines including oil & gas equipment, port machinery and polar-specialized gear. It mandates a green and digital upgrade across the ship and offshore sectors—prioritizing low- and zero-carbon fuels, green ship energy-saving and emissions-reduction technologies, and green shipbuilding and repair standards—and seeks to scale international transshipment and consolidated cargo services while accelerating development of an international hub port. The plan also directs use of the Shanghai International Reinsurance Registration and Trading Center to strengthen global shipping insurance underwriting capacity and China’s independent reinsurance supply.
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