China's Week, July 10.

600km/h maglev, ASML killer, Battery prices fall 40%, BRICS $1 trillion trade, 470,000 tons of REEs found, Short dramas' $8 billion, Building J-20s in 8 days.

Science & Technology

New 600km/h train runs on rubber wheels up to 150 kph, thenswitches to maglev suspension.

Huawei’s extreme ultraviolet (EUV) lithography enters trial production 3Q 2025, mass production in 2026. More efficient than ASML’s laser-produced plasma.

Paralyzed patient move his limbs again after the world’s first human trial of a brain-computer interface implanted through blood vessels.

Taiwan’s AI BrainProbe detects schizophrenia with 91% accuracy.

China's biotech prowess threatens the US. $30 billion of deals in 2024. $40 billion in 2025?.

China will have 30% of global foundry capacity by 2030, up from 21% today, surpassing Taiwan’s 23%, South Korea’s 19% and America’s 10%.

Auction results for batteries stun experts: $52/kWh for a four-hour LFP battery, down 30% from 2024. CATL, BYD, Envision all bid.

Industrial robot output up 36% YoY in May, to 70,000 units. Morgan Stanley expects $108 billion revenues by 2028.

The vast majority of the world’s top AI 100 brains are of Chinese origin, a study of 200,000 researchers and 100,000 high-impact papers reveals.

Turning Labs Into Launchpads: How China Builds Quantum Industries From Frontier Science.

BYD covers losses from its L4 ‘God's Eye’ assisted driving using smart parking in China. Users bypass insurance, BYD after-sales staff handle it.

Finance & Commerce

Trade between BRICS members hit $1 trillion, up from $294 billion in 2023, accounting for 41.4% of its total foreign trade.

The consumption gap between China and developed countries is much narrower when measured by actual consumption volumes.

Goldman Sachs says China is buying far more gold than the PBoC declares, predicts