Core Viewpoint - Bellingcat's analysis indicates that a Chinese fentanyl smuggling organization has established a base in Japan, specifically in Nagoya, suggesting a connection between Japanese entities and Chinese drug networks [2][4][5]. Group 1 - Bellingcat found evidence that the Japanese corporation and the Chinese organization are part of the same international drug network, essentially operating as the same entity [4]. - The Japanese entity, FIRSKY Co., Ltd., was registered in Nagoya and is linked to activities involving the distribution and financial management of dangerous drugs [4][5]. - The investigation corroborates previous reports about the presence of Chinese organizations in Japan [5]. Group 2 - A Chinese chemical company from Wuhan, previously central to the organization, was prosecuted by the U.S., and its female executive was involved in establishing multiple websites related to the organization and FIRSKY [6]. - Data leaked to the dark web revealed that the Chinese organization and FIRSKY used similar methods for the illicit sale of dangerous drugs [6]. - Despite Japan's Finance Minister stating that no illegal fentanyl exports or imports were detected from 2018 to 2024, there have been instances of fentanyl precursor materials found in shipments to Japan from Mexico [6]. Group 3 - The U.S. Ambassador to Japan emphasized the importance of cooperation to prevent the transit and circulation of precursor substances through Japan, aiming to protect regional communities [6]. - The United Nations Office on Drugs and Crime (UNODC) is discussing the establishment of a working group involving Japan and other Asian countries to combat fentanyl smuggling [6]. - Bellingcat is recognized as a leader in open-source intelligence (OSINT) analysis, having recently published exclusive information regarding various global issues [6].

Core Viewpoint - The U.S. Treasury Secretary, Bessent, emphasizes that China is both the largest economic and military competitor to the U.S., differing fundamentally in economic policies aimed at job creation compared to Western and Asian democratic nations [2][12][13]. Group 1: Economic Policies - The Trump administration's economic policies are built on three pillars: tax reform, trade, and deregulation, with the "Big and Beautiful Act" (OBBB) being passed at record speed [4]. - The trade policy shift towards tariffs aims to rebalance international payments, as the U.S. has lost many manufacturing jobs and production bases to overseas locations [5][12]. - The U.S. is a proponent of free trade, and the goal of changing trade policies is to bring manufacturing jobs back to the U.S. and promote fair trade [5][12]. Group 2: Trade Relations - If progress is made in reducing trade deficits, there is a possibility of reducing or eliminating reciprocal tariffs over time [6]. - The U.S. and Japan have agreed to reduce Japanese auto tariffs from 27.5% to 15%, with implementation expected to take around 50 days [8][9]. - Economic security is viewed as synonymous with national security, and the U.S.-Japan trade and investment agreement is seen as a central axis for economic growth and security for both nations [11]. Group 3: International Imbalances - China is identified as the primary cause of international economic imbalances, with many of its products sold below production costs due to significant government support [12]. - The U.S. Treasury Secretary expresses concerns about China's increasing production capacity, particularly in the context of the COVID-19 pandemic [14]. - The U.S. aims to address the issue of international imbalances, which may take years to resolve, depending on each country's situation [7]. Group 4: Currency and Monetary Policy - The concept of a "strong dollar" is defined not by nominal exchange rates but by maintaining the dollar's status as the world's reserve currency through sound economic policies [17]. - The OBBB Act aims to attract foreign capital and make the U.S. the most attractive place for investment, which includes both securities and direct investments in manufacturing [18]. - The next Federal Reserve Chair must be capable of gaining market trust and analyzing complex economic data, with a focus on maintaining the independence of monetary policy [19].

香港恒生指数在7月后半涨至近4年以来的最高点。1～7月大陆投资者累计净买入港股约8700 亿港币。中国大陆的房地产行情十分低迷，失去投资方向的约50万亿元"剩余储蓄"已开始流 入港股…… 香港股票市场正在焕发生机。因房地产市场低迷而失去投资方向的1000万亿日元剩余储蓄正 在从中国大陆流入，此外之前"远离中国"的海外投资者也开始重新把资金投向港股。背后发 挥作用的是中国相关部门的谋划，为了吸引海外资金，正在重振香港的国际金融中心地位。 大陆投资者净买入香港股票的累计金额（1～7月）约为8700亿港币，已经比全年数据创历史 最高纪录的2024年高出近一成。 大陆投资者关注香港股票的原因之一是大型科技股。阿里巴巴集团和腾讯控股（Tencent）虽 在香港上市，但并未在上海等大陆市场上市。要抓住以人工智能（AI）等为主题的科技股行 情，投资香港股票是一条捷径。 另一个原因是价格形成机制存在差异。反映在香港和大陆市场双重上市股票价格差的"恒生沪 深港通AH股溢价指数"目前为约125。这表明同一只股票在香港便宜约25％。 海外投资者可在香港自由买卖股票，而大陆受到相关部门的严格管控，价格形成存在扭曲。 这种股价差异也是 ...

以下文章来源于FT中文网 ，作者宋欣、周掌柜 编者荐语： 日本经济新闻社与金融时报2015年11月合并为同一家媒体集团。同样于19世纪创刊的日本和英国的两家 报社形成的同盟正以"高品质、最强大的经济新闻学"为旗帜，推进共同特辑等广泛领域的协作。此次， 作为其中的一环，两家报社的中文网之间实现文章互换。 机器人时代的来临，已不再是遥远设想，而是清晰可感的现实浪潮。它所牵动的不 止制造、服务，而是人与机器共生协作的全新范式。 文丨宋欣、周掌柜 机器人革命正在席卷全球，这一点全球机器人创新企业的高管们无比坚定。 在刚刚闭幕的2025年德国慕尼黑Automatica展会上，与会者仿佛置身于一个由算法融合钢铁 洪流的未来实验场：协作机械臂精准而柔顺，如舞者般在特定场景下高频率工作；机器人控 制AI屏幕实时响应，映衬着工业制造机器人生产线的新景象；机器人已经可以变形、感知、 对话、学习，而且正从"工具"跃升为"伙伴"——这不仅是一次技术展览，更是一场对人类生 产力边界的极限探索。 阅读更多内容请点击下方"阅读原文" （本文由FT中文网提供） FT中文网 . 英国《金融时报》集团旗下唯一的中文商业财经网站，旨在为中国商业菁 ...

版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 中国人民银行（央行） 由于担忧经济长期停滞以及中美贸易摩擦激化，外资的投资意愿停滞不前。4～6月外资的直 接投资还不到按季度计算达到顶峰2022年1～3月的1成…… 中国国家外汇管理局8月8日公布的4～6月国际收支数据显示，外资企业的直接投资净流入87 亿美元。新建工厂等新增投资额超过撤出和业务缩小带来的撤资额，但净流入额仍处于低水 平。 有分析认为，由于担忧经济长期停滞以及中美贸易摩擦激化，外资的投资意愿停滞不前。4～ 6月外资的直接投资还不到按季度计算达到顶峰2022年1～3月的1成。 外资的对华直接投资从上海封城导致经济严重混乱的2022年4～6月开始大幅下降。2023年7 ～9月首次出现了显示净流出的负增长。2024年4～6月和7～9月也呈负增长，但2025年1～ 3月为净流入。 美国5月已将对华追加关税下调逾100%，但目前仍适用30%的对华关税，企业的对美出口成 本增加。日本第一生命经济研究所的首席经济学家西浜彻指出，"美国对迂回出口的警惕也在 加强，企业不得不重新调整全体供应链"。 中国经济正在放缓，对高增长的期待正在消退 ...

Core Viewpoint - The Chinese secondary dimension market is expected to reach approximately 597.7 billion yuan in 2024, nearly double the size of 2019, driven by the growing popularity of domestic IPs and government support for their development [1][9]. Market Expansion - The market for character-related sectors such as animation and gaming in China is rapidly expanding, with a projected market size of about 12 trillion yen (approximately 580.5 billion yuan) in 2024, doubling from five years ago [1]. - The "BiliBili World" event in Shanghai attracted around 300,000 attendees over three days, indicating a significant increase in interest and participation in the secondary dimension culture [8]. Domestic IP Popularity - The popularity of domestic characters is on the rise, exemplified by the success of the animated film "Nezha," which grossed over 15.4 billion yuan during the Spring Festival, setting a record for Chinese box office earnings [12]. - The top trending IPs on China's second-hand trading platform include "Love and Deep Space" and "Identity V," showcasing the growing presence of Chinese IPs alongside popular Japanese works [15]. Government Support - The Chinese government is actively promoting the development of original IP brands, as outlined in the "Special Action Plan for Boosting Consumption," which emphasizes support for the animation, gaming, and esports sectors [14]. - Policies in Shanghai aim to revitalize tourism through IP and support the development of original IPs, reflecting a broader governmental strategy to enhance the domestic market [14]. Future Projections - The secondary dimension market in China is projected to expand to 834.4 billion yuan by 2029, driven by increased production and circulation of animation and gaming content, as well as the growth of emotional value consumption [9].

大阪市对"特区民宿"管制趋严 原创 阅读全文 日经GO ...

从司机的国籍来看，韩国及朝鲜、中国大陆最多，均为51起，越南（31起）、巴西（25起）、菲律宾 （17起）等紧随其后。事故数量达到有统计数据的2005年以来的第5多。 日本的警察 在日本，2025年1～6月外国司机造成的死亡、重伤交通事故达到258起。占此类事故整体的2.1%，比 2016年的1.0%翻番。从司机的国籍来看，韩国及朝鲜、中国大陆最多。日本将收紧外国人换领驾 照…… 日本警察厅日前公布的数据显示，2025年1～6月外国司机造成的死亡、重伤交通事故比2024年同期增加 19起，达到258起。占此类事故整体的比例为2.1%，比2016年（1.0%）翻了一番，创出历史新高。随着 居留外国人和访日外国人的增加，交通事故也出现增加。 由于应对外国司机的事故成为课题，日本警察厅首次公布了对外国人交通事故的统计。 即使是外国籍，在日居留期间去日本的驾校学习，就可以取得日本的驾照。如果是德国等制度与日本相 当的国家的驾照，只要附带日文翻译，就可在日本驾驶。《日内瓦道路交通公约》的加盟国只要持有本 国颁发的国际驾照，也可在日本驾车。 按照外国司机的驾照种类观察2025年上半年的事故，日本驾照的事故为218起，占8 ...

Core Viewpoint - The global semiconductor investment landscape is experiencing significant growth driven by artificial intelligence (AI), with a projected equipment investment of $135 billion in 2025, marking a 7% increase from the previous fiscal year [2][4]. Group 1: Major Companies and Investment Plans - TSMC plans to start construction or launch factories in 9 locations worldwide by 2025, with an estimated investment of $38 to $42 billion, representing a 30% increase from the previous year [4]. - Micron expects to invest approximately $14 billion in the fiscal year 2025, a 70% increase year-on-year, focusing on high bandwidth memory (HBM) for AI data storage [5]. - SMIC, China's largest semiconductor foundry, plans to invest $7.5 billion in 2025, reaching a historical high [6]. Group 2: Market Trends and Dynamics - The semiconductor market is anticipated to grow in the coming years, driven by AI, with AMD predicting the AI semiconductor market will reach $500 billion by 2030, more than tripling from 2025 [5]. - There is a notable divergence in investment trends among major semiconductor manufacturers, with companies like Intel and Samsung experiencing declines in equipment investment due to market conditions [6]. - Global semiconductor manufacturing is set to see the establishment of 108 new factories from 2025 to 2027, a 30% increase compared to 2021-2023 [7]. Group 3: Regional Support and Competition - Various countries are providing support through subsidies to attract semiconductor manufacturing, influenced by geopolitical tensions and trade policies [6]. - The semiconductor equipment giant Tokyo Electron has adjusted its sales forecasts for new equipment due to changes in client investment plans, indicating potential supply surplus in certain semiconductor categories [7].

编者荐语： 日经中文网与36氪开展内容交换合作。将精选36氪的精彩独家财经、科技、企业资讯，与读者分享。 以下文章来源于36氪Pro ，作者神译局 Teresa 36氪Pro . 36氪旗下官方账号。深度、前瞻，为1%的人捕捉商业先机。 如果你想利用人工智能提升人脉拓展，不妨听听专家这些建议。 使用AI时，要牢记人际交往的目的是建立信 任。 译者 ｜ 神译局 Teresa 封面来源 ｜ 日经中文网 我们知道人工智能可以取代一些人与人之间的互动，但它能否为我们创造更多连接的机会呢？ 通过人脉拓展建立联系正成为求职过程中愈发关键的一环。根据员工推荐招聘平台Erin Technologies的研究，截至去年，约84%的 企业在招聘时采用员工推荐计划，而通过推荐的候选人中有30%最终被录用。相比之下，普通申请者的录用率仅为7%。 根据美国劳工统计局（Bureau of Labor Statistics）的数据，目前有超过700万人失业。人脉拓展专家指出，若能正确运用人工智 能工具起草邮件和LinkedIn信息，可助你获得推荐，使申请脱颖而出。 "人脉拓展不仅仅关乎你认识谁，更关乎让谁认识你，"《求职指南》一书的作者简 ...