Headline News

CPE‑Source Peak Completes Full Acquisition of Century‑old Swiss Outdoor Brand MammutOn July 30, Chinese private‑equity firm CPE‑Source Peak signed an agreement with European private‑equity player Jacobs Capital to fully acquire Mammut, the premium Swiss outdoor brand founded in 1862. Following Anta’s acquisition of Arc’teryx’s parent company, this marks another major deal where Chinese capital buys a world‑class international outdoor brand. 【The Beijing News】

JinkoSolar Signs 300‑MW Module Supply Agreement for TajikistanIn July, JinkoSolar inked a supply contract for 300 MW high‑efficiency photovoltaic modules with its Tajik partner. The project adopts Tiger‑Pro 3.0 N‑type TOPCon modules for a large‑scale ground‑mounted power station on the western foothills of the Pamir Plateau. 【TrendForce】

Longi Partners with RWE on 300MWh Solar‑plus‑Storage Project in ItalyOn July 22, Longi announced cooperation with global energy firm RWE to deliver a large solar‑storage project in Sicily, Italy, with a 300MWh energy‑storage capacity. The facility will deploy Longi’s integrated liquid‑cooling lithium‑iron‑phosphate energy‑storage systems. 【TrendForce】

Chinese Home‑developed Large AI Models Take Top‑Five Spots in Global Call VolumeDuring the third week of July, weekly token consumption of domestic large AI models hit 36.11 trillion tokens, rising over 30% week‑on‑week and ranking No.1 worldwide for twelve consecutive weeks. According to OpenRouter statistics, all top‑five large AI models by global call volume are developed by Chinese enterprises. 【China Youth Daily】

China’s Air‑conditioner Exports to the EU Hit USD 3.76 Billion in H1Data from the General Administration of Customs shows China’s air‑conditioner exports to the EU reached USD 3.76 billion in the first half of 2026, up 43.2% year‑on‑year. June standalone exports surged 72.8% year‑on‑year. Driven by European heatwaves, local demand for Chinese brands including Midea, Haier and Gree remains strong across European markets. 【People.cn】

Best Cross‑border Expands into South America and Launches China‑Brazil RouteOn July 17, Best Logistics’ cross‑border arm Best Cross‑border officially rolled out its South‑America market expansion. It opened the China‑Brazil cross‑border lane in May and plans further coverage for Mexico, Argentina, Chile and other countries. 【Eastmoney】

China‑built Kožjak Tunnel in Croatia Successfully Breaks ThroughOn July 13, Kožjak Tunnel, a key section of the Vučevica Tunnel project undertaken by China Road and Bridge Corporation in Croatia, achieved breakthrough. Stretching approximately 2.5 kilometres, it serves as a vital transport node linking Split’s DC8 national highway with the A1 motorway. 【Belt and Road Portal】

China’s Prefabricated‑building Exports Nearly Triple in a DecadeCustoms statistics indicate China’s prefabricated‑building export value climbed from USD 1.472 billion in 2015 to USD 4.339 billion in 2025. Exports grew by 45% in Q1 2026, with Guangdong reporting fast‑growing overseas orders for prefabricated construction products. 【Guangzhou Daily】