US / Trump & China
- Trump to meet Xi Jinping Thursday in Beijing at 10:15 AM local time (10:15 PM
ET)
- Trump says he will discuss U.S. arms sales to Taiwan with Xi - Kyodo
- Trump: “China’s strong, but we’re stronger than China militarily”; expects
meeting with Xi to be “good”
- Chinese officials in talks with U.S. counterparts to purchase American
agricultural products including corn, sorghum, distillers dried grains, and
soybeans
China / Economy & Corporate
- OpenAI to save $97B through 2030 under latest Microsoft deal - The Information
- China domestic flight fuel surcharge to rise again starting May 16 - Yicai
- China’s market regulator conditionally approves Tencent’s acquisition of
shares in Ximalaya
- Vanke board approves framework for Shenzhen Metro Group to provide 2.5B yuan
shareholder loan, plus supplemental agreement for 22B yuan loan
Geopolitics / Iran
- Iranian parliamentary commission: Tehran could enrich uranium up to 90% if
U.S. attacks; parliament will discuss - X post
- Pentagon considering re-naming Iran war plan “Sledgehammer” if ceasefire
collapses - NBC
- U.S. military may launch “Operation Sledgehammer” against Iran, bypassing
congressional 60-day war power limits
Other US Developments
- Kevin Warsh confirmed to Fed Board; chair vote pending
- U.S. appeals court temporarily pauses trade court ruling against Trump’s 10%
tariffs under Section 122
Tech / Innovation
- Unitree unveils GD01, a manned transformable mecha starting at $650,000