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July 16 - On July 16, a spokesperson for the Chinese Embassy in Indonesia told reporters that China-Indonesia cooperation has maintained a good momentum. The Indonesian government has repeatedly stated publicly that it welcomes and supports Chinese companies to continue investing and doing business in Indonesia, further deepening mutually beneficial cooperation between the two countries.On July 16, Premier Li Qiang of the State Council held talks with Cambodian Prime Minister Hun Manet at the Great Hall of the People in Beijing. Hun Manet was in China to attend the 2026 World Artificial Intelligence Conference and pay a working visit. Li Qiang pointed out that China is willing to work with Cambodia to deepen and solidify cooperation under the "Diamond Hexagonal" framework, the "Industrial Development Corridor," and the "Fish and Rice Corridor," to ensure the construction of major infrastructure projects, and to continuously expand bilateral trade. China supports more capable Chinese enterprises to invest in Cambodia, deepen cooperation in emerging fields such as new energy, artificial intelligence, digital economy, and advanced manufacturing, and jointly cultivate and strengthen new drivers of development. Both sides should strengthen cooperation in education, culture, media, and other people-to-people exchanges to enhance mutual understanding and friendship between the two peoples, while working together to eradicate the breeding ground for online gambling and telecommunications fraud, and better protect the safety of the people of both countries. Since the beginning of this year, the international situation has been turbulent, causing a significant impact on the world economy. China and Cambodia should strengthen coordination on major issues, safeguard their common interests, and jointly uphold the multilateral trading system and international fairness and justice.On July 16, President Xi Jinping met with Kazakh President Kassym-Jomart Tokayev at the Shanghai Xijiao Hotel. Tokayev was in China to attend the 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence. Xi Jinping emphasized that firmly advancing comprehensive cooperation between China and Kazakhstan is in the fundamental interests of both countries and their people. Both sides should promote innovative development in trade, optimize the trade structure, and cultivate new forms of cross-border e-commerce and service trade; expand cooperation in energy and mineral resources, and accelerate the implementation of key projects; promote connectivity, increase direct flights, and improve the facilitation of international road transport; cultivate new productive forces, with China willing to share its digital economy and artificial intelligence technologies to help Kazakhstan achieve digital transformation; and successfully hold the "China-Kazakhstan Year of Cultural Exchanges," strengthening cooperation in education, science and technology, medical care, health, sports, media, and other fields to solidify the foundation for lasting friendship.On July 16th, it was reported that Alibaba is integrating its Agent product line: based on QoderWork, it will integrate the capabilities of Wukong and MuleRun, upgrading them into a more powerful AI product for enterprise productivity scenarios. The new product is being overseen by Chen Yusen. Alibaba responded that existing QoderWork, Wukong, and MuleRun products and services will be seamlessly upgraded in the future, and all user rights will not be affected.According to the Financial Times, Chinese AI startup Dark Side of the Moon plans to release Kimi K3 in the coming days. The model, with parameters ranging from 2 to 3 trillion, will be Chinas largest AI model to date.

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Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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