IMF says escalation of the Middle East conflict is the primary downside risk to the global economy.

Denmark's prime minister said Greenland is not for sale, urged allies to respect Greenlanders' right to self-determination, and reaffirmed Denmark's sovereignty and territorial integrity.

July 7 — The National Healthcare Security Administration issued a risk alert saying that during the product-selection stage of the 12th national centralized drug procurement an imported originator drug firm submitted a letter purporting to be endorsed by 31 hospitals and 78 doctors to influence selection. NHSA contacted the named experts individually and found more than 80% of signatures were not authentic. July 8 — Takeda China denied it is the company referenced, saying it complies with laws and participates in procurement communications compliantly. July 7 evening — Novartis China made a similar denial.