The Daily Roundup - The Wire China
July 3rd, 2026 | Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.

July 3rd, 2026. Good Morning. Welcome toThe Wire’sdaily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations. Paid subscribers automatically have this list emailed directly to their inboxes every day by 10 a. m. EST. Subscribe here. The Wall Street JournalSKF Forms Robotics JV With Leaderdrive in China— Based in China, the new venture is expected to become operational at the end of the year. The Financial TimesChina steps up claims over sea east of Taiwan— Beijing argues Japan-Philippines talks on maritime boundaries violate international law as it ramps up pressure on Taipei. Anthropic moves to close loopholes that allow Chinese access to Claude— Engineers are still finding ways to use AI models despite stringent restrictions. What China thinks — and what Confucius has to do with it— Daniel Bell and Rongbin Han shed light on the country’s modern dilemmas by exploring the desire to return to the traditions of the past. The New York TimesChina Defends Widely Criticized ‘Ethnic Unity’ Law— Rights groups and Western officials have criticized the law as a threat to Tibetans, Uyghurs and other minorities. Tibetan Activist Sets Self on Fire Outside U. N. in Protest Against China— A Tibetan activist lit himself on fire and outside of the United Nations headquarters in New York on Thursday to protest China’s control over his homeland. CaixinIn Depth: China’s Inbound Tourism Rebounds, but Supply Gaps Cloud Outlook— Inbound tourism is rebounding across China as expanded visa-free entry, easier mobile payments and viral social media converge. Malaysia Blocks Low-Cost EV Imports, Hitting Chinese Automakers— Malaysia imposed stringent new import thresholds for fully assembled electric vehicles on Wednesday. South China Morning PostChina aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing group— The Alliance for American Manufacturing says China is trying to circumvent the USMCA through its automotive investments in Mexico. From starry-eyed to sceptical: why young Chinese are turning away from the American dream— Unlike older generations, who saw the US as the ultimate destination, China’s Gen Z views the superpower through a more pragmatic lens. What a seating chart might reveal about the future of China’s military leadership— Two generals appear near top PLA officers at a high-profile event, signalling their swift rise to fill gaps left by anti-graft campaign. Nikkei AsiaGold slump tests Chinese brand Laopu’s resilience as luxury upstart— Shares in ‘Hermes of gold’ have fallen about 60%, exceeding declines of peers and metal itself. Opinion:China’s push east of Taiwan tests Japan-Philippines deterrence— Beijing is betting Tokyo and Manila can’t turn coordination into meaningful action. By William Matthews. BloombergChina Urges ‘Unimpeded Passage’ of Hormuz as Fee Chatter Mounts— Leading European powers are apparently accepting that vessels will have to pay fees to Iran and Oman, according to people familiar with the thinking in Europe. China Tech’s Deepening Valuation Slump Fails to Lure Buyers— The selloff in China’s biggest internet firms has driven some valuations to record lows. China Quant Funds Draw Billions as AI Trounces Human Traders— Quant funds in China have become very popular, with Ubiquant raising 2. 6 billion yuan in less than two hours for a new fund in May. ReutersAlibaba to ban employees from using Anthropic’s coding tool, source says— Anthropic has accused Alibaba of illicitly extracting its AI model capabilities. India allows four Chinese-linked power equipment firms to bid for government projects— India’s power ministry had sought the exemption in January for entities with manufacturing units in India. China dismisses US, EU criticism of new ethnic law as ‘malicious smear’— The law, which went into effect on Wednesday, gives Beijing the basis to take action against people outside its borders. Inside Taiwan’s nightmare scenario: Chinese blockade, earthquake, sabotage and invasion— Taiwan has been ramping up its so-called “resilience” exercises to prepare civilians and officials for crises. Other PublicationsThe Guardian:‘I have successfully defended my personal dignity’: woman wins rare MeToo court victory in China— Former intern and employee awarded 5,000 yuan (£554) in emotional damages after court found former manager had harassed her. The AP:Hong Kong bookseller Lam Wing-kee, seized by Chinese authorities in 2015, dies in Taiwan at 70— Lam, who was the manager of Causeway Bay Books in Hong Kong, moved to Taipei in 2019. REGISTER NOW!Asia Society France’s Paris Summer Summit 2026The flagship annual Paris Summer Summit returns on July 9th at Columbia Global Paris Center for a full day of debate, dialogue and fresh perspectives on Asia and the world, covering AI, robotics, geopolitics, geoeconomics, society, culture & more!Exclusive rate forWire Chinasubscribers using code:TWC