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May 2026
Week of May 4, compared to 12-week average
Top sources covering China
China's economy is slowing sharply, with investment resuming declines, but exports rose 14% in April. Xi told US CEOs that China will open markets wider during Trump's visit, while the EU fined Temu over $230 million for illegal product sales.
Xi Jinping hosted both US President Trump and Russian President Putin in Beijing within days, discussing trade, Taiwan, Iran, and Ukraine. China also called on Pakistan to intensify Iran mediation.
Chinese espionage cases surfaced in the US, UK, and Germany, with a California mayor pleading guilty and a German couple arrested. China's military drove away a Dutch frigate in the South China Sea, and China is building launch pads near its nuclear missile silos.
Industrial accidents dominate, with a coal mine blast killing at least 90 and a fireworks factory explosion killing 37, prompting Xi to urge all-out rescue work. Natural disasters also struck, including a 5.2-magnitude earthquake and torrential rains causing deaths and missing persons.