RBNZ Governor Breman said uncertainty over the timing of interest-rate adjustments has increased.

The State Administration for Market Regulation (SAMR) will launch 2026 spot checks of fair competition reviews, requiring local authorities to review comprehensively and apply strict standards. SAMR said it will conduct special inspections in priority sectors and use spot checks, interviews and public reporting to enforce binding oversight. It will continue to refine rules and institutional support and is advancing amendments to the PRC Price Law to tighten identification of unfair low‑price dumping, broaden price‑enforcement tools and strengthen legal liabilities to curb unrestricted price cutting and price wars.

China's crude-related futures main contracts rose across the board. SC crude up 5.08% at 461.7 yuan/barrel; low-sulfur fuel oil (LU) up 5.59% at 3,983 yuan/ton; fuel oil up 5.44% at 3,083 yuan/ton. Asphalt's decline narrowed to 1.04% at 3,805 yuan/ton.