Foreign Ministry spokesperson Lin Jian, at a routine briefing, condemned a U.S. Department of Homeland Security move to shorten permitted stays for student visa holders and tighten residency limits for foreign media workers. Lin said such restrictions on people-to-people exchanges are harmful to both sides, called the measures discriminatory, and said they seriously breach the three media-related understandings reached by China and the U.S. in 2021 and disrupt Chinese media operations in the Uni

2026-07-17

Foreign Ministry spokesperson Lin Jian, at a routine briefing, condemned a U.S. Department of Homeland Security move to shorten permitted stays for student visa holders and tighten residency limits for foreign media workers. Lin said such restrictions on people-to-people exchanges are harmful to both sides, called the measures discriminatory, and said they seriously breach the three media-related understandings reached by China and the U.S. in 2021 and disrupt Chinese media operations in the United States. China demands the U.S. immediately rescind the policy, properly safeguard Chinese journalists’ lawful rights in the U.S., and reserves the right to take reciprocal countermeasures.

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2026-07-17

Hong Kong stocks closed lower. Hang Seng Index fell 1.78%; Hang Seng Tech Index dropped 4.37%. AI names led declines: 02513.HK slid 28.49% to lead Hang Seng Tech constituents, 00100.HK fell 15.63%. Biotech underperformed—01672.HK dropped over 20%; 02197.HK, 01952.HK and 09926.HK each fell more than 10%. Semiconductor names 02577.HK and 03986.HK dropped over 11%. Shipping rallied in the afternoon: 08502.HK rose 11.86%, while 01145.HK and 08020.HK gained more than 5%.

2026-07-17

Guangdong CPI rose 0.8% YoY in 1H 2026, 0.3 percentage points higher than in Q1. Food prices fell 0.7% YoY while non-food prices rose 1.1%; consumer goods +1.1% and services +0.5%. Core CPI excluding food and energy was up 1.0% YoY, 0.9ppt higher than 1H 2025 and 0.6ppt above full-year 2025. By major category six rose and two fell: other goods and services +8.8%; household items and services +2.1%; transport & communication +1.9%; healthcare +1.9%; clothing +1.5%; education, culture & entertainm