On Aug 17 the U.S. International Trade Commission (ITC) voted to institute a Section 337 investigation into certain transformers and their components. The action follows a July 16, 2026 petition by U.S. firm AyrEnergy alleging Section 337 violations and seeking a limited exclusion order and cease-and-desist orders. Named respondents are Zetwerk Manufacturing (India and U.S.), KRYFS Power Components (India) and Unimacts Global (U.S.).

According to foreign media, ByteDance attracted over $30 bln of subscription orders for a large bank loan.

Sichuan provincial government issued implementation opinions to accelerate integration of corridor, logistics and data networks and to build an efficient, resilient modern logistics service network. The plan directs support for Chengdu to upgrade international logistics service capacity, reinforce its role as a national logistics hub and a national backbone cold‑chain logistics base, and deepen efforts to shore up and strengthen national comprehensive freight hubs. It calls for accelerating Chengdu’s development as a global international postal and express hub and improving hub connectivity, transfer and aggregation functions. Authorities will boost operating efficiency of China‑Europe (Asia) freight trains, Western Land‑Sea New Corridor trains, Yangtze River trains, Greater Bay Area trains and northbound trains; enhance logistics organization along Beijing–Kunming, Chengdu–Chongqing and riverside corridors; and strengthen supply‑assurance capacity on strategic routes to Xinjiang and Tibet. The plan mandates a province‑wide single logistics network map aligned with industry clusters, trade flows and tourism consumption, accelerates construction of Belt and Road import‑export commodity distribution centers and specialty import hubs (eg, salmon, durian), and speeds up smart port construction and customs facilitation to improve clearance convenience.