On a conference call, Zhongji Xuchuang said the vast majority of overseas customers have not reduced demand or orders. It said a minority of clients are making product-structure adjustments and some customers’ 1.6T demand has risen versus earlier expectations. Even after accounting for these structural shifts, the company said industry-wide 2027 demand remains within its original forecast range and demand from leading customers stays strong.

Reserve Bank of Australia Governor Bullock said the AUD moves with interest-rate differentials and that pass-through to import prices is lagged.

The NDRC said at a press briefing on the 3rd that China’s AI development pace and application scale are globally leading. AI has moved from single-point pilots to coordinated R&D, production and distribution, showing significant potential to raise efficiency, reduce risk and cut costs and to help create new economic growth drivers, improve living standards and strengthen government governance.