☕️ Good morning, friends,

When you travel around the world as much as we do, you realize how important toilets really are.

China’s toilet industry deserves a full edition of its own (yes, even in this business, AI is everywhere these days 😉).

For now, just this: China has both the worst and the best toilets. Our new favorite for the latter? The magical cave restroom in Dunhuang, western China. See for yourselves — you’ll love it.

BENCHMARKS

NUMBER OF THE DAY

79 bcm

This is how much pipeline gas China has imported so far this year, pushing Germany (<71 bcm) off the top spot among the world’s gas importers.

🇷🇺 Russia deal: New agreements – including Power of Siberia 2 – strengthen the Moscow–Beijing energy partnership, while Europe increasingly turns to higher-priced LNG.

📊 Global dynamics: By 2024, China was already importing 70 bcm of pipeline gas alongside 105 bcm of LNG, highlighting its steady diversification of supply sources.

Watch: The war in Ukraine has reshaped the global gas market. Europe secures energy through LNG at higher costs, while China benefits from discounted Russian deliveries.

TOP BIT

🔋 Trillion-Dollar Chip Market: Asia Expands Its Dominance

Asia’s semiconductor industry is setting the pace for the global tech future. At the Semicon trade fair in Taipei, experts projected that by 2030, the chip sector will break the 1 trillion USD mark. Artificial intelligence is seen as the main driver, with Taiwan remaining at the core of the value chain.

The Details

📈 From Boom to Trillion: By 2030, the chip industry is expected to surpass …