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Artificial Intelligence Tools Boost China’s $1.7 Trillion Export Market

Key Points: Alibaba launched a new smart tool that turns weeks of international sourcing work into a process that takes just minutes. Total goods trade in China reached an incredible $1.7 trillion in the first quarter of 2026. Private companies now control 87% of all import and export business activity across the nation. Exporters use new software to comply with strict global trade rules, including...

Strait of Hormuz Traffic Halts as US and Iran Blockades Continue

Key Points: Maritime traffic through the Strait of Hormuz has almost completely stopped due to ongoing military blockades. Peace negotiations collapsed after President Donald Trump canceled a diplomatic meeting with Iranian officials in Pakistan. Satellite images show at least 19 ships waiting near Kharg Island while Iran pumps crude oil into supertankers. The United States Navy intercepted several vessels and placed heavy sanctions on a...

Japan Department Stores See Duty-Free Sales Grow Despite Chinese Tourism Drop

Key Points: Duty-free sales at Japanese department stores grew by 5.2 percent in March to reach 46.51 billion yen. Total Chinese shoppers dropped by 40 percent due to political tension over comments regarding Taiwan. A weak Japanese yen encouraged visitors from South Korea, Taiwan, and the United States to spend heavily. Overall department store sales hit 507.12 billion yen across 172 locations as domestic shoppers...