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China Plans Record $411 Billion Bond Issuance in 2025: Sources

Beijing plans to issue a record amount of debt in a bid to maintain economic growth while trade with the US faces the threat of higher tariffs

Brazil Shuts BYD Factory Site Over ‘Slavery-Like Conditions’
Toyota to Build Plant in China to Make Luxury EVs – Nikkei

The AF Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors