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7% in April from a year earlier, according to official data released Wednesday, despite broader signs of slowing economic momentum. A fivefold increase in profits in the mining and related sectors also boosted overall industrial profit growth, while iron smelting and rolling swung to a profit for the year as of April, compared with a loss in the first quarter.
Unitree Robotics - the Chinese company that has quickly become one of the world's most prolific robot manufacturers - unveiled the GD01, which is being billed as the world's first production-ready manned transformable mecha. Wang reportedly built his first quadruped robot as part of a university thesis before leaving drone giant DJI to start his own company. In April, Chinese smartphone company Honor made global headlines when its humanoid robot completed a half marathon in Beijing in 50 minutes and 26 seconds - beating the human world record by nearly seven minutes.
President Donald Trump (R) is greeted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026 in Beijing, China. Trump is expected to visit the Temple of Heaven, a historic landmark, in the afternoon, and attend a state banquet in the evening. China was the first major economy to retaliate against Trump's "Liberation Day" tariffs in April 2025.
As US President Donald Trump arrives in Beijing on Wednesday for a summit with Chinese President Xi Jinping, where he aims to press China to "open up" to American firms, he will be accompanied by top US executives from tech, finance and manufacturing, including figures from AI and Wall Street. In a significant late-stage development, Jensen Huang, President and CEO of Nvidia, has reportedly joined the presidential entourage. Boeing has faced significant hurdles since Beijing increased import taxes on American goods to 125% in April 2025, a retaliatory measure following the US decision to raise tariffs on Chinese products to 145%.
US President Donald Trump has reshared a anti-immigrant post on his Truth Social platform, amplifying inflammatory rhetoric on birthright citizenship even as fresh polling suggests his approval ratings are slipping ahead of the midterm elections. The lengthy post, originally from a right-wing commentator, rails against immigration and legal protections for those born in the United States. Approval for his handling of immigration has also dropped significantly from early 2025 levels.
Taiwan’s president, Lai Ching-te, has cancelled his trip to Eswatini, the democratic island’s only diplomatic ally in Africa, after his government said several countries had revoked overflight permits because of “intense pressure” from China. It would be the first time a Taiwanese president has had to cancel an overseas trip owing to Chinese pressure. This would have been Lai’s first trip outside Taiwan since November 2024, when he visited the Marshall Islands, Tuvalu and Palau, and transited through Hawaii and the US territory of Guam.
Even though the Modi government this month has rejected the latest Chinese renaming of 23 places in Arunachal Pradesh with utter contempt, the move reveals the cartographical and cultural expansion mindset of the Xi Jinping regime. India’s current trade deficit stands over 150 billion dollars with China and this includes the trade with Chinese territory Hong Kong. One must not forget that hardly anyone came to India’s military aid when the PLA launched aggression in East Ladakh in May 2020.
China's strategic and commercial oil stocks, combined with barrels in transit, cover well over 120 days of net imports, said Dan Wang, China director at Eurasia Group. 18 million tons, the lowest level since October 2022, according to data compiled by Wind. 3 billion this year as of end-March, shrinking 3% from the same period last year after surging to a record high in the first two months, as import values swell on tighter global supply.
