China's Economy Grows Amid Tariffs, US Policy Shifts Noted

China's economy demonstrated resilience, growing steadily in the spring despite U.S. tariffs. This growth was fueled by investments in infrastructure like high-speed rail and strong global exports. An initial surge in orders ahead of tariffs also contributed. The U.S. administration has also reversed a ban on Nvidia AI chip sales to China, while China plans to restrict the export of key electric vehicle battery manufacturing technologies, potentially impacting overseas expansion for Chinese EV makers. Separately, Australia's Prime Minister met with China's leader to deepen ties, and the U.S. is supplying advanced weapons to Europe for Ukraine, a move viewed cautiously by European leaders despite Trump's criticism of Putin.