China & Taiwan Update, October 30, 2026

Alibaba Climbs 5% as Apple Picks Qwen to Power iPhone AI in China; PDD Holdings Rises 3%, Baidu Gains 2% 24/7 Wall St.

What 'choosing both' means: Cambodia between China and the U.S. upi

Japan’s ⁠government and ruling coalition ⁠are considering nearly doubling defence ⁠spending over the next five years as part of Prime Minister Sanae Takaichi’s push to strengthen the country’s military capabilities, according to two people familiar with the matter. If adopted, defence build-up spending for the five years ‌from April 2027 would be set at 70 trillion to 80 trillion yen (US$457 billion to US$508 billion), up about 1.8 times from the roughly 43 trillion yen allocated under the...

Electric trucks hit 50% of China’s heavy truck sales, diesel demand falls Electrek