China Association of Automobile Manufacturers says July auto exports were 1,043,000 units, +0.6% MoM and +81.3% YoY. New-energy vehicle exports were 553,000 units, +5.7% MoM and +145.5% YoY.

MSNBC reports U.S. military intelligence assesses Iran has shifted its strategic focus from its nuclear program to the Strait of Hormuz. U.S. officials say the military told President Trump it could attempt to seize control of the strait but the operation would be "lengthy, deadly and very costly" and "it is unclear whether the U.S. could ultimately prevail." Military planning estimates an order to act would produce "substantial U.S. military casualties." Officials say the risk of such large-scale military action has factored in Trump’s deliberations with advisers. Two European officials added Iran believes de facto control of the strait gives it negotiating leverage and is a stronger bargaining chip than its nuclear program.

新西蘭總理拉克森：（關於領導權挑戰）我得到了黨內支持。