Philippines-China Political Row: Manila renewed pressure on Vice President Sara Duterte’s camp to prove it has no ties to China after impeachment testimony and AMLC records linked Duterte-linked firms and a foundation to alleged Chinese donations, with the Duterte spokesperson denying “no such connection” but not offering hard documents. US-China Espionage Case: The FBI arrested Irvine realtor Wanying “Heather” Zhang at LAX, accusing her of acting as an unregistered agent of China and surveilling the family of Taiwan President Lai’s son during a 2025 trip. Hong Kong Finance Shift: Hong Kong is pushing a bigger offshore yuan liquidity framework, while regulated stablecoin issuance remains limited, as the city leans toward RMB liquidity and debt-market support. Crypto Reality vs Rules: A Chainalysis report says East Asia’s crypto economy is booming despite uneven regulation, with China’s P2P stablecoin wallet activity rising sharply even under trading bans. China Open Drama: Novak Djokovic reached the final after Daniil Medvedev was disqualified for hitting a spectator with a ball, setting up a title match against Alex de Minaur. Global Development: The UN highlights China’s Global Development Initiative as more focused on practical cooperation, with hundreds of projects and billions in commitments mobilized. Regional Security: Japan PM Sanae Takaichi called China an “important neighbor” while warning against “regional military activities,” as experts say the rhetoric masks continued friction.