TRUMP SAYS EFFORT UNDERWAY TO REOPEN HORMUZ STRAIT FOR REGIONAL NATIONS

CHINA STAR 50 INDEX DOWN OVER 2%

Vladimir Putin is expected to visit Beijing on May 20, days after the summit between Xi Jinping and Donald Trump, according to the South China Morning Post. The reported one-day trip would mark Putin’s first overseas visit this year and underscore deepening China-Russia ties as both nations seek closer coordination against the US-led global order. China has remained a key economic partner for Moscow amid Western sanctions related to the Ukraine war.