Chinese supply chain finance platform Linklogis has announced a partnership with XRP Ledger to deploy blockchain-based trade finance applications. The initiative aims to facilitate faster cross-border settlements using stablecoins and tokenized real-world assets. Linklogis handled over $2.8 billion in cross-border assets through its programs last year.
Several Chinese electric vehicle manufacturers have reported their first annual or quarterly profits, demonstrating growing financial viability amid domestic price competition. Leapmotor posted a 2025 full-year profit of $78 million, while Nio and Xpeng generated positive fourth-quarter earnings. The companies join BYD, Li Auto, and Xiaomi among Chinese new energy vehicle makers with positive cash flow.
In an interview in Abu Dhabi, International Renewable Energy Agency (IRENA) Director-General Francesco La Camera said China has made critical contributions to global energy transition and emissions reduction. He cited China's role in lowering the cost of solar panels, wind turbine components, and batteries through expanded manufacturing and technological advancement. La Camera also highlighted China's domestic photovoltaic expansion, which surpassed coal-fired capacity by the end of July.
The UAE is advancing its artificial intelligence sector through large-scale compute infrastructure and workforce training despite its smaller population compared to global superpowers. Abu Dhabi is developing the 1-gigawatt Stargate UAE computing cluster, while Stanford data recorded a 121 percent rise in the country's AI talent concentration between 2019 and 2025. The UAE federal government is also partnering with MBZUAI to provide agentic AI training across 80,000 public sector workers.
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