China’s National Bureau of Statistics reported that industrial enterprise profits rose 15.8% year-on-year in March, with strong growth in AI and semiconductor sectors as the key driver.
Apple Intelligence features briefly appeared on iPhones in China before being quickly removed, sparking speculation about the rollout timeline for Apple’s AI services in the Chinese market.
The Trump administration sanctioned Hengli Petrochemical’s independent refinery in China for purchasing billions of dollars worth of Iranian oil, alongside sanctions on approximately 40 shipping companies operating in Iran’s shadow fleet.
Chinese Foreign Minister Wang Yi meets Myanmar’s military-backed government leader Min Aung Hlaing during a regional tour, focusing on border trade restoration and regional cooperation.