
More recent developments

France hits Shein with record fine
What happened: On July 3, French regulators hit Shein with a record EUR 40 million fine for misleading consumers with deceptive information about discounts and the company's environmental practices. Shein has claimed the fine would have little impact, and that… Read More »

Aviation regulator sets up flying car LSG
What happened: On July 4, China’s aviation regulator (CAAC) announced the formation of a new leading small group (LSG) dedicated to the low-altitude economy. The new body consolidates three previously separate LSGs overseeing general aviation, drones, and the low-altitude sector.… Read More »

Trump teases TikTok talks as company reportedly building new app
What happened: On July 4, President Trump told reporters that the US would hold formal talks with China early this week on a permanent solution to the TikTok issue, remarking that he already “pretty much has a deal” for an… Read More »