Market Access - India has broadened the application of a derivative product favored by foreign investors [1] - This expansion grants foreign investors greater access to India's $639 billion credit market [1]

Core Insights - Exxon Mobil Corporation (XOM), in collaboration with QatarEnergy, has discovered a new natural gas reservoir offshore Cyprus, specifically in Block 10, with preliminary drilling results indicating a gas-bearing reservoir approximately 350 meters thick at a depth of 1.9 kilometers [1][9] - This discovery follows the earlier successful finds at the Glaucus-1 well in February 2019 and the Glaucus-2 appraisal in March 2022, which confirmed the presence of a high-quality natural gas reservoir [3][9] - Cyprus aims to leverage its offshore gas reserves to enhance energy security and attract foreign investment, particularly in light of global energy market disruptions [4] Exploration and Development - The ExxonMobil-QatarEnergy consortium will continue to assess and appraise the reservoir's commercial viability in Block 10 over the coming months [2][5] - Despite multiple discoveries, Cyprus has not yet commenced commercial extraction or exports of its gas reserves [4] Industry Context - The Eastern Mediterranean is viewed as an untapped gas frontier, with the ExxonMobil-led consortium positioned as a key player in this region [3][9] - The geopolitical landscape has increased interest in diversified natural gas sources, making Cyprus's offshore reserves strategically significant [4]

Market Trends - Foreign investors have been net buyers of Japanese stocks for 13 consecutive weeks, marking the longest buying streak since 2013 [1]

Foreign Investment - President Vladimir Putin offers special accounts to attract new foreign investment into Russia's financial markets [1] Geopolitical Risk - Sweeping sanctions over the war in Ukraine impact Russia's financial markets [1]

Political Instability - Thailand's Prime Minister faces uncertainty due to a leaked phone call criticizing the army, leading to opposition calls for her resignation and street protests [1][2][4] - A key coalition party, Bhumjaithai Party, exited, leaving the ruling coalition with a slim majority in Parliament [3] - The Prime Minister apologized for her comments, claiming they were part of her negotiation tactic [5] - The current government previously lost a prime minister due to an ethics violation [6] Economic Impact - Foreign investors had already withdrawn $23 billion (23 亿) from Thai stock markets this year, viewing Thailand as vulnerable in the ASEAN region [8] - The political turmoil is seen as a distraction from implementing key economic reforms [9] - The Thai stock exchange is currently the worst-performing market globally this year [10]

Tax & Healthcare Policy Revisions - Senate Republicans are expected to propose revisions to key tax and healthcare policies, aiming for completion by July 4th [1] - Revisions may include adjustments to Medicaid savings (slowing growth, not cuts), discussions on SALT (State and Local Tax) deductions, and the Inflation Reduction Act [4] Economic Growth & Tax Rates - Locking in lower tax rates permanently, including low corporate tax, is crucial for job creation and innovation [7] - Fully restoring key business provisions (expensing, R&D, interest deductibility) and making the small business Main Street tax deduction of 20% permanent are seen as pro-growth measures [7] Deficit & Revenue - Estimates suggest the bill could add $2.5 trillion (Congressional Budget Office estimate) to the US deficit over a decade [8][9] - Growth can significantly impact revenue, as seen in 2017 when lowering the corporate tax rate from 35% to 21% resulted in higher revenue collection than projected [10] Tariff Policy & Trade - The speaker is generally not in favor of tariffs, except as a remedy for unfair trade practices, as they can drive up costs, slow the economy, and invite retaliation [14] - Anchoring crucial security-critical supply lines in the US and running them through reliable trading partners is important [15] - Canada and Mexico buy five times more "Made in America" products than China, highlighting the importance of positive trade relationships with these countries [17] Foreign Investment - Republicans generally believe in the growth and importance of foreign direct investment, which constitutes a sixth of the US economy [19] - A provision was added to deter OECD countries from implementing global minimum tax pillar 2, which could weaken US growth incentives and sovereignty over tax law [21]

Core Viewpoint - The Ministry of Commerce has issued a work plan to deepen the reform and innovation of national-level economic and technological development zones, aiming to lead high-quality development through high-level openness [1] Group 1: Support for Foreign Investment - National-level economic and technological development zones will prioritize foreign investment projects in key sectors such as integrated circuits, biomedicine, and high-end equipment manufacturing [1] - Local governments are encouraged to enhance support for landmark foreign investment projects in these zones to expedite their construction [1] Group 2: Encouragement of Investment in Emerging Industries - Various funds, including foreign investment funds, are encouraged to invest in emerging industries within national-level economic and technological development zones to foster and incubate small and medium-sized enterprises [1] Group 3: Tax Incentives for Foreign Investors - The plan guides national-level economic and technological development zones to implement tax incentives for foreign investors, such as deferred tax on reinvested profits [1]

Registration No. 333-278037 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CHINA NATURAL RESOURCES, INC. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) British Virgin Islands 1040 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial (I.R.S. Employer Identification number) Room ...