At a May 29 press briefing, the China Council for the Promotion of International Trade (CCPIT) released its global trade friction index for March 2026, reporting a reading of 104, described as high. The value of measures involved in trade frictions fell 29.1% YoY but rose 2.8% MoM. Among 20 monitored countries/regions, the US, India and the EU ranked highest; the US accounted for the largest value of measures and led in 11 of the past 12 months. CCPIT said disputes were concentrated across 13 mo

At its 2025 annual shareholders’ meeting, Vanke said it had repaid 33.21 bln yuan of publicly issued bonds as of March 2026. Excluding shareholder loans, the group completed 28.0 bln yuan of new issuance and refinancing in 2025 and cut the blended cost of outstanding financing to 3.02%, down 85 bps year‑on‑year. Six public bond extension proposals, including 22 Vanke MTN0004 and 22 Vanke MTN005, were approved by bondholder meetings. On balance-sheet optimization, Vanke said it activated and optimized 33.85 bln yuan of existing inventory and added equivalent new capacity in 2025, acquiring 23 projects; 18 newly launched projects reached an investment conversion rate of 84%, with six projects acquired and opened the same year achieving 100% conversion.

The Baltic Dry Index (BDI) fell 2 points, or 0.1%, to 3,224 on Friday but recorded a second consecutive monthly gain as demand across vessel classes stayed firm, leaving the index near its highest level since December 2023. The Capesize index (BCI) dropped 14 points, or 0.3%, to 5,503 — up about 27% month-to-date — with Capesize daily earnings down $127 to $46,411. The Panamax index (BPI) rose 12 points, or 0.5%, to 2,343 for a second month of gains; Panamax daily earnings increased $108 to $21,086. The Supramax/Ultramax index (BSI) was unchanged at 1,569, also posting a second monthly rise. The Handysize index (BHSI) gained 4 points to 851.