China’s Ministry of Commerce (MOFCOM) has launched its largest recruitment campaign in nearly a decade, planning to add approximately sixty new officials in 2026. According to a MOFCOM announcement, the Bureau of Industry Security, Import and Export Control plans to recruit at least five new staff members in 2026, the highest number since 2022. Despite the current US-China trade war truce, MOFCOM’s rare earth control division continues its expansion.

Advantech, a leading industrial PC manufacturer, reported steady growth in the third quarter of 2025 despite experiencing a slight decline in gross margin caused by rising raw material costs. Consolidated revenue for the third quarter reached NT$17.774 billion (US$570 million), marking a 19% increase year-over-year. The company posted a gross margin of 38.9% and net profit after tax of NT$2.77 billion.

Bloomberg, citing unnamed sources, reported that Tesla had named Sharad Agarwal, former head of Lamborghini India, as its country head, signaling a shift toward a more localized strategy after a slow start in the world’s most populous nation. Agarwal, who begins his tenure this week, will oversee day-to-day operations on the ground, replacing Tesla’s prior approach of managing India through a small local team reporting remotely from China and regional hubs.