☕️ Good morning, friends,

The famous “condom paradox” — the worse the economy, the higher the sales — no longer works in China. Durex and others are rapidly losing market share.

At the same time, the world of sex toys is experiencing a real boom. Women in particular are buying more than ever, with repeat-purchase rates higher than in any other category.

Chinese women seem to have little interest in complicated togetherness these days, and that is fueling a booming toy industry. 👀

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Highlights: In Tokyo, core inflation came in higher than expected at 2.8%, reigniting speculation about possible rate hikes. In South Korea, LG Energy Solution weighed on the KOSPI, while mainland China closed the week modestly higher.

• China’s robotics stocks are coming under pressure amid growing bubble fears. Beijing is warning of excess capacity and “herd effects” — buying simply because everyone else is buying and stocks keep rising. Despite lofty valuations, many companies are still operating at a loss.

TOP BIT

🔋 Batteries on wheels: China’s electric trucks are reshaping the market

China is electrifying its heavy trucks at record speed and pushing diesel consumption noticeably down.

Falling prices, government incentives and a dense network of charging hubs and battery-swap stations are making the trucks increasingly attractive for logistics companies and freight operators.

Details

🚚 Sticker shock for the West: In China, heavy electric trucks…