At a July 7 regular briefing the foreign ministry said the navy’s submarine-launched strategic missile test was routine military training, not directed at any specific country or target. Beijing said it had notified the Solomon Islands and other South Pacific states and relevant parties in advance, that the activity complied with international law and practice, and reiterated China adheres to a defensive nuclear strategy and maintains its nuclear forces at the minimum level necessary for nationa

At a July 7 briefing, CHINA Foreign Ministry spokesperson Mao Ning called on the United States to fully lift its illegal unilateral sanctions on Venezuela, saying such measures impede post-quake rescue, humanitarian funding, international financial transfers and imports of essentials. She noted Washington has temporarily eased some restrictions to facilitate humanitarian aid, but other measures and frozen Venezuelan assets remain in effect and should be removed to support recovery and reconstruction.

SOCGEN analysts say Japanese authorities may intervene further to support the yen, but a sustained rebound requires an improved growth outlook. Japan still holds roughly $1.3 tln in FX reserves to defend the currency, though weak growth expectations should limit yen upside. SOCGEN notes the sharp equity rally could signal an economic turnaround. Forecasts: USD/JPY 157 by year-end, 154 by Q2 2027.