Capital of Sichuan, gateway to Western China
Major automakers have pulled several electric models and cancelled projects after federal tax credits ended in 2025, while Q2 2026 US EV sales have recovered sequentially to about 247,226 units. Higher fuel prices, state rebates and low‑cost entrants such as Slate, Fiat Topolino and Chinese brands in Europe are reshaping supply, pricing and consumer demand.
China is steering consumption toward offline, experience-driven spending as policymakers back in-person venues and events. Investors see the consumer as king even as retail growth remains tepid, with policymakers highlighting experience-focused sectors and venues like Wangfujing to attract locals and tourists.
The US is weighing a response to Chinese open-weight AI models amid concerns of distillation and IP theft as Moonshot AI’s Kimi K3 shows strong benchmarks. Officials have signaled possible actions while Silicon Valley presses for open access to models to sustain competition.
Moonshot has released Kimi K3, an open-weight model that independent tests say matches frontier performance and has prompted investor selling in chip stocks. Tech figures and regulators are trading accusations about distillation and national security, while industry voices argue the alarm is exaggerated.
Hollywood’s Odyssey faces a China market where domestic films dominate as Beijing curbs Western releases. Nolan’s film has a Beijing premiere, strong weekend previews, and rising interest online, but analysts caution that China’s box office remains challenging for foreign blocks.
A 6.7 magnitude quake near Aniso in Ayacucho has caused damage to homes, schools and healthcare facilities. USGS data shows the quake on Thursday; Peru’s civil defence and local authorities report power outages and injuries, with authorities coordinating relief and emergency response.