Global Trade and Market Shifts: EU-China Tensions to Emerging Asian Issues

글로벌 시장 | Fri Jul 03 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 6 sources

EU-China trade imbalance, Canada-Philippines FTA, Korea's 24-hour won trading, and China's EV and humanoid robot market developments shape the global landscape.

Analysis

[European Union & China] issued a joint statement to address trade imbalances ^[1]

• Targeting tangible results by October
• Agreed to establish bilateral working groups
• China pledged rare earth and permanent magnet export controls would not disrupt EU supply chains
• EU's goods trade deficit with China reached €360 billion in 2025
• expanding 15%

[Canada & Philippines] agreed to sign a free trade agreement within the year and expand defense cooperation ^[2]

• Announced by Prime Minister Mark Carney
• Signed an agreement deepening cooperation in energy
• defense
• labor
• and migration

[South Korea] opened a 24-hour won trading market ^[3]

• Lingering trauma from the 1997 foreign exchange crisis
• Operating a control room called 'the box' at the Sejong government complex

[ASX (Australian Securities Exchange)] appointed external candidate Anthony Attia as CEO ^[4]

• Identified as the world's worst-performing exchange
• Faces the task of restoring regulator and investor confidence

[BYD & Xiaomi] saw Hong Kong-listed shares surge on strong June deliveries ^[5]

• BYD rose about 9%
• with June sales of 403
• 472 units
• up 5.46% year-over-year
• Xiaomi rose about 5%
• delivering over 30
• 000 units monthly for three consecutive months
• Xiaomi's H1 cumulative deliveries reached 180
• 000 units
• 33% of its 2026 target of 550
• 000
• YU9 luxury SUV launch scheduled for August

[Ant Group] accelerated market entry with investments in 12 humanoid robot companies over 18 months ^[6]

• Led a 500 million yuan investment round in Zeroth
• Invested in 12 companies including Galaxea and Unitree since 2025
• Established its own subsidiary RobbyAnt to develop robots
• Zeroth's H1 revenue increased 600% year-over-year with over 30
• 000 orders

Sources

• [1] Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners - CNBC Markets
• [2] Canada, Philippines Agree to Sign Trade Deal This Year, Grow Defense Ties - Bloomberg Markets
• [3] Scarred by ‘97 Crash, Korea Nervously Opens 24-Hour Won Trading - Bloomberg Markets
• [4] World’s Worst-Performing Exchange ASX Bets on Outsider for Pivot - Bloomberg Markets
• [5] Shares of BYD and Xiaomi surge as June delivery figures fuel optimism - CNBC World Markets
• [6] Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months - CNBC World Markets