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A resident takes photos on Sunday of an uprooted tree that crashed into a parked car at Hang Seng University in Sha Tin, Hong Kong Special Administrative Region, due to Typhoon Wipha. The SAR was battered by strong winds and heavy rain on Sunday as Wipha skirted along China's southern coast, with fallen trees and collapsed scaffolding spotted across the city.Edmond Tang/China Daily

A resident takes photos on Sunday of an uprooted tree that crashed into a parked car at Hang Seng University in Sha Tin, Hong Kong Special Administrative Region, due to Typhoon Wipha. The SAR was battered by strong winds and heavy rain on Sunday as Wipha skirted along China's southern coast, with fallen trees and collapsed scaffolding spotted across the city.Edmond Tang/China Daily

China optimizes foreign exchange reserve structure

Economists and policy advisers have said that it is a strategic necessity for China to further scale back holdings in United States government debt in order to safeguard national financial stability, amid waning confidence in the dollar-based system and persistent geopolitical tensions.

TOP NEWS

Mega-hydro project launched in Xizang

China has begun the construction of a hydropower project in the lower reaches of the Yarlung Zangbo River, with a groundbreaking ceremony held on Saturday in Nyingchi, a city in the Xizang autonomous region.

CHINA

Six arrested over lead found in kids' meals

Police in northwestern China have arrested six suspects after more than 200 children were found to have high levels of lead in their blood at a privately run kindergarten, authorities said.

GOING GREEN

Action taken to cut ozone-harming substances

Editor's note: China Daily is publishing a series illustrating the country's efforts to achieve its carbon peak and carbon neutrality goals.

COMMENT

EU's sanctioning of Chinese financial institutions unjustifiable

The European Union announced its 18th package of sanctions against Russia on Friday, which, for the first time, listed two Chinese financial institutions. This move is both unjustified and counterproductive.

VIEWS

Trade changing western region future

Editor's note: To promote the high-quality development and implement policy measures aimed at strengthening industrial development, the Chinese government has increased investments in new quality productive forces and emerging services to unleash the full potential of domestic demand. Three experts share their views on the issue with China Daily.

WORLD IN FOCUS

FORCE FOR PROGRESS

The seventh edition of the AI for Good Global Summit closed on July 11 in Geneva, bringing together world leaders, tech innovators, and civil society to explore how AI can benefit humanity.

WORLD

Tariffs deepen global trade uncertainty

The United States is increasingly wielding tariffs as a tool to reshape global trade and the geopolitical order, prioritizing an "America first" agenda at the expense of international economic interests, experts say.

BUSINESS

City turns into 'beating heart' of sensor tech

In an age of intelligent machines, sensors have become the invisible organs of modern technology, giving devices the power to see, hear, feel and respond.

BUSINESS INSIGHT

Much more needed to ready nation for stablecoins

The recent global momentum around stablecoin legislation has underscored the alternative currency's growing influence in today's international monetary and financial architecture. At the heart of this discussion lies a fundamental question: What exactly are stablecoins — and how should we understand their impact and relationship with sovereign currencies?

MOTORING

Calls for order as auto sector tactics queried

Despite the sustained positive momentum of China's automotive market, the leading industry association and automakers are calling for the establishment of a healthy industrial ecosystem to navigate intensifying competition and ensure sustainable development.

LIFE

Adapting is key to winning foreign audiences

In recent years, Chinese cultural appeal has shown encouraging momentum globally. Dong Zhiling, founder and president of Facewhite, a Tokyo-based film distribution company specializing in bringing Chinese films to Japanese audiences, stresses the importance of communicating stories in a language the audience can truly understand.

SPORTS

Climate change challenge becomes hot topic for FIFA

GENEVA — Soccer had a fierce reckoning with heat at the recently concluded FIFA Club World Cup in the United States — a sweltering preview of what players and fans may face when the United States co-hosts the World Cup with Mexico and Canada next summer.

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