China’s Foreign Trade Growth Momentum Strengthens

MACROECONOMY
China’s Foreign Trade Growth Momentum Strengthens
China’s foreign trade rose 3.5% YoY in Jan–Jul 2025, supported by strong policy measures (Sinosure insurance USD 573.5 bn, +14.7% YoY; Exim Bank loans >CNY 700 bn), diversified markets (ASEAN +9.4%, Africa +17.2%, Belt & Road +5.5%, 51.7% share), and rising high-tech exports (electromechanical +9.3%, 60% share). Despite global trade risks from tariffs and supply chain pressures, the Ministry of Commerce pledged to expand opening and strengthen partnerships to stabilize and upgrade trade. (中国财经)

INDUSTRY
China’s Rare Earth Magnet Exports to US Hit 6-Month High
China’s rare earth magnet exports to the US rose 76% MoM and 5% YoY in Jul-25 to 619 tons, the highest in six months, signaling trade normalization after tariff talks. Total exports climbed 75% MoM and 6% YoY to 5,577 tons, with Germany still top destination (1,115 tons, -3% YoY), Japan lagging at 232 tons, and India surging 60% YoY to 418 tons. China accounts for 70% of global rare earth output and over 80% of magnet supply. (Nikkei Asia)

COMPANY
Bumi Serpong Damai (BSDE) Offered IDR 1 Tn Bonds and Sukuk
BSDE will offer Sustainable Bonds IV Phase I/2025 worth IDR 500 bn (3-, 5-, and 7-year tenors) and Sustainable Sukuk Ijarah II Phase I/2025 worth up to IDR 500 bn with similar tenors. Pefindo rated the bonds AA and the sukuk AA(sy). The public offering will be held on 17–18 Sep-25, with listing on 24 Sep-25 (Emitennews)

MedcoEnergi (MEDC) Secured Bualuang Oil Production Extension in Thailand
MEDC, through Medco Energi Thailand (Bualuang) Limited and Medco Energi Thailand (E&P) Limited, obtained approval from the Thai govt. to extend Bualuang Oil Field (Block B8/38) production in the Gulf of Thailand until 23 Oct-35. (Emitennews)