US President Donald Trump announced a new trade agreement with Indonesia on Tuesday, establishing a 19% tariff on goods imported from the Southeast Asian nation into the United States. This rate represents a significant reduction from an earlier threat of a 32% tariff, signaling a partial de-escalation of trade tensions as the Trump administration continues to push for what it views as more favorable terms with trading partners.

The parade of power players to Lei Jun’s door tells a story. Samsung Electronics Chairman Lee Jae-yong, Qualcomm CEO Cristiano Amon, and Nvidia CEO Jensen Huang have all made the pilgrimage to meet with Xiaomi’s founder and CEO during their China visits. This isn’t a coincidence — it’s recognition of where the real gravity now lies in China’s innovation landscape.

China is pushing large-scale adoption of humanoid robots by directing state-owned enterprises to ramp up procurement. In one of the biggest deals so far, China Mobile (Hangzhou) Information Technology, an arm of China Mobile, awarded a CNY124 million (US$17.2 million) contract in June 2025 to Unitree Robotics and AgiBot (Zhiyuan Robotics), according to reports from Southern Metropolis Daily, SCMP, and STAR Market Daily.