China Economy Watch: China’s industrial output rose 4.5% in July but slowed from June, while retail sales grew just 0.6%, pointing to weak domestic demand and weather disruptions. Property & Consumption: New home prices were flat in July and still down year-on-year, keeping pressure on the housing recovery. Industrial Pulse: Value-added industrial output climbed 4.5% in July, and other data showed retail sales and urban jobs holding steady, even as growth momentum cools. China’s AI Drive: A new report says China is building a locally tailored but nationally coordinated AI industry, with fast expansion in computing capacity and demand for AI terminals. Tech Market Shift: CXMT’s rise to top value signals a hardware-led tech era as big tech sentiment lags. Global Trade & Security: China Union shares slid after Canada flagged a security review of its lithium acquisition; separately, US moves to push allies to “pick sides” in AI supply chains raise new friction. Regional Links: A China-Cambodia machinery show highlighted Chinese tech supporting Cambodia’s factory modernization. Middle East Diplomacy: Jordan’s King Abdullah is set for a week-long China visit, aiming to deepen economic cooperation. Sports: India’s women held China 2-2 in the Hockey World Cup opener, setting up a tight campaign.