The Wall Street Journal Tencent Makes Biggest Buyback After Addition to Pentagon List — China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million shares on Wednesday. China Expands Consumer Subsidies to Boost Spending as Tariff Risk Looms — The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.