Finally, as we mentioned last week, China’s latest gdp numbers for april to june were released, Revealing a better-thhan-expedted 5.2% growth.

Here is a Closer Look at these developments:

1. Jaishakar meets xi in china

Following Defense Minister Rajnath Singh’s June Visit To China, which Holds the rotating sco presidency this year, Jaishakar went to tianjin in northeastern china last week.

While singh refused to sign a draft statement that did not mention the pahalgam terror attack, jaishahankar also used the platform to speak about terrorism. He said the sco was founded in 2001 to combat the “Three Evils” of “Terrorism, Separatism and Extremism”, and that Grouping Needed to Take An “Uncompromising Position on This Challenge”.

In a post on x, the minister said he “Apprised President XI of the Recent Development of Our Bilateral Ties. Value the guidance of our leders in that regard.”

Upshot: In a statement during a meeting with his chinese counterpart wang yi, jaishankar noted that “Since our leders’ meeting in kazan in October 2024 (for the bricks summit), the india-china relation Positive direction is to maintain that. “

That month, India and china completed the process of diseasement of troops in the depsang plains and demchok are of easy ladak, two friction points along the lac. “We have made good progress in the past nine months for the normalization of our bilateral relationships.

This was significant, give the lack of discussion on these locations until repently. Easing of Border-Related Disagreement, At Least to An Extent, has Heightned The Pace of Cooperation in Other Areas, Such As the Resumption of the Kilash Mansarovar Yatra.

An opinion article published in Global timesThe Chinese State Media Website, Also Had An Interesting Perspective About The Slow Pace of Normalisation. “New Delhi… Begun to Highlight Its Economic and Security Concerns Regarding China By its relation with the us Divide-And-Role Tactics will significantly affords on how and when to reset ties. “

The XI-Zaishahankar meeting also LED some commentators to special that Prime minister Narendra May Visit China in Late August for the sco Annual Summit.

2. Jensen huang in beijing

The Taiwan-Born Ceo of the Chip-Designing Giant has made Several Trips to China in Recent Years. This was his third trip in roughly the last six months.

Huang did a host of things – he met chinese vice premier he life, and Xiaomi Founder and Ceo Lei jun, whom he called “A brilliant business person” according to a A Cnbc Report.

https://www.youtube.com/watch?v=HCR5XPTBOMY

At one point, he “swapped his signature leather jacket for the traditional chinese-style and delivered a speech at the open seremeony of a government-bcked business fair, para, parame.” The wall street journal Reported. He called China’s supply chain “a miracle,” praising the country’s researchers, developers and entrepreneurs.

Upshot: The Visit came as Nvidia Announced on Tuesday It May Soon Sell Its H20 Chips Again. They were meant for the chinese market after its high-quality chips were restricted by the us government. Howver, these chips were also prevented from being sold in china later. It was part of the policy to deprive china of key Ai technology for strategic and security reasons, as the capability gap between the two counties narrows.

“Nvidia is filing applications to sell the nvidia H20 gpu. The us government has assured nvidia that licenses will be granted, and nvidia hopes to start deliveries?”

Relatively Less Advanced, these chips were posted by the company as preventing the growth of chinese indigenous companies, while conveniently benefiting an American company.

The new york times Reportly Reported that Huang Recently Met Us President Donald Trump in the Oval Office and “Pressed his case for restarting sales of his specialized chips”. “He argued that American chips should be the global standard and that the United States were making a grave mistake by ciding the giant chinese market to Homegrown rivals,” it added.

However, Huang has also been criticized by some us politicians for excessively attempting to deepen ties with china.

3. China’s GDP Growth amid Tariff War

Since the second quarter coverd the period when trump announted his “Liberation Day” Tariffs, The release of this data was eagerly awaited to see how the chinese economy fared.

Undoubtedly, maintaining an Above-5% Growth rate is a positive sign, but the data also showed lower growth in domestic consumption, something long described as a problem area.

We wrote two explaines breaking down the data this week. First, we look at how The number stand and the recent factors that helped and Hurt the economy. Second, we spoke to analyst Of the chinese economy about the large causes Behind deflation and a slump in consumption.

The bottom line is that while exporting and manufacturing remain important drivers, domestic issues need to be addressed as well. Moreover, the data from later in the year Could Drive Decisions on Stimulus Packages.