An economic and trade matchmaking conference, jointly hosted by the Shaanxi Council for the Promotion of International Trade and New Jersey-based Council for Trade and Investment Promotion, was held in New York on Monday local time, the Xinhua News Agency reported.

During the just-concluded May Day holidays, new-energy vehicles (NEVs) were increasingly visible on China's highways, including for long-distance family trips, according to media reports.

The de facto blockade of the Strait of Hormuz following the US-Israeli attack on Iran in February 2026 has delivered a severe shock to global energy markets.

Hong Kong's economy posted solid growth in Q1 2026, with real GDP rising 5.9 percent year-on-year, according to advance official estimates released on Tuesday. This is up from the previous quarter's revised 4.0 percent growth (originally estimated at 3.8 percent) and marks the strongest quarterly

The European Commission (EC) has recommended that EU member states exclude Huawei and ZTE gears from their local telecom operators' connectivity infrastructure, an EC spokesperson said on Monday local time, according to Reuters.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Monday that the global economy would face a "much worse outcome" if the Middle East war drags on into 2027 with oil prices hitting around 125 dollars per barrel.