Bank of Japan board member Sato Ayano said the weak yen has supported exports but raised import prices, reducing households' real income.

Brussels is drafting a new trade instrument, dubbed an "overcapacity tool," reportedly backed by France, Italy and Spain to enable ad hoc limits on imports from China. At the same time Chinese-made air conditioners are selling out across multiple European markets; manufacturers report orders for a recent best-selling model have surged, with Chinese plants running overtime to meet demand. Chinese-EU trade frictions have increased recently and the EU has imposed trade limits more frequently; leaders have agreed to seek dispute resolution through the trade and investment consultation mechanism to balance concerns and avoid escalation.

Qatar’s Ministry of Transport advised suspension of navigation and all forms of maritime activity until further notice.