ICYMI-中国电动汽车电池行业-新的出口限制。《华尔街日报》报道（门控）。总之：中国正在加强对电动汽车电池技术出口的控制，以保持其相对于美国和其他国家的竞争优势。

ICYMI - China electric-vehicle battery industry - new export restrictions.The Wall Street Journal with the report (gated). In summary: China is strengthening its control over electric vehicle battery technology exports to maintain its competitive advantage over the U.S. and other countries.

周三，上证综指下跌0.2%，至3500点以下，而深证成指下跌0.05%，至10740点，延续了前一交易日的跌幅，因为投资者继续努力应对贸易不确定性。唐纳德·特朗普总统表示，美国将“以非常友好的方式”与中国作战，尽管贸易谈判似乎没有进展。与此同时，特朗普表示，他已与印度尼西亚达成初步贸易协议，对其商品征收19%的关税，同时警告对小国征收10%以上的关税。在国内，投资者正在等待北京方面的政策信号，以应对通缩压力和消费疲软。胜利巨人（-2.4%）、IEIT Systems（-1.2%）、河北常山（-3.6%）、苏州TFC（-1.7%）和现代安培（-1.2%。

The Shanghai Composite fell 0.2% to below 3,500 while the Shenzhen Component shed 0.05% to 10,740 on Wednesday, extending losses from the previous session as investors continued to grapple with trade uncertainties. President Donald Trump said the US would be fighting China “in a very friendly fashion,” although there appears to be no progress in trade negotiations. Meanwhile, Trump said that he had struck a preliminary trade deal with Indonesia which sets a 19% tariff on its goods, while warning of over 10% levies on smaller nations. Domestically, investors awaited policy signals from Beijing amid efforts to combat deflationary pressures and sluggish consumption. Notable losses were seen from Victory Giant (-2.4%), IEIT Systems (-1.2%), Hebei Changshan (-3.6%), Suzhou TFC (-1.7%), and Contemporary Amperex (-1.2%).

摩根士丹利和瑞银上调了对2025年中国GDP的预测。摩根士丹利将2025年中国GDP预测从4.5%上调至4.8%。瑞银将2025年中国GDP预测上调至4.7%。

Morgan Stanley and UBS increase their 2025 China GDP forecasts.Morgan Stanley increases 2025 China GDP forecast to 4.8% from 4.5%. UBS upgrades 2025 China GDP forecast to 4.7%.

来自20多个国家和10个全球机构的领导人将出席中国峰会。中国将于今年秋天（8月下旬至6月25日至26日）在天津主办第25届上海合作组织国家元首峰会，作为2024-2025年主席国的一部分。峰会主要关注反恐、地区安全、经济一体化、数字合作和可持续发展。

China summit to have leaders from 20+ nations attending, 10 global bodies.China is hosting the 25th SCO Heads-of-State Summit this autumn (late August to June 25–26) in Tianjin as part of its 2024–2025 chairmanship. The summit Primary focuses include counter‑terrorism, regional security, economic integration, digital cooperation, and sustainable development.