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US–China Tit-for-Tat Before Trump–Xi Meeting: Heavy Self-Damage Overshadows Gains

On the evening of May 2, 2026, the Ministry of Commerce of the Communist Party of China unexpectedly announced a blocking order against US sanctions targeting Hengli Petrochemical (Dalian) Refining Co., Ltd. and four other Chinese private "teapot" refineries, based on the 2021 "Regulations on Blocking the Extraterritorial Application of Foreign Laws and Measures."

Three Major Topics of the Trump-Xi Meeting Emerge, with Taiwan at the Forefront

Recently, U.S. military C-17 transport aircraft have landed in Beijing for three consecutive days, signalling the start of preparations for President Trump's upcoming visit to China. A Hong Kong media outlet has analysed that the recent statements and interactions between the U.S. and China indicate that the three core issues for the Trump-Xi meeting—'Taiwan, trade, and Iran'—have become clearly defined.

Xi's Failed Attempt to Undermine Taiwan Has Instead LED to the Island Gaining Significant Recognition in Africa

The Chinese Communist Party previously pressured three African nations to deny Taiwan's special aircraft access to their airspace in an effort to obstruct President Lai Ching-te's visit. However, good news emerged in early May, as Lai successfully broke through Beijing's blockade and arrived in the friendly nation of Eswatini on the 2nd to commence a state visit, much to the dismay of the Chinese Communist Party.

After the Evaporation of 160 Trillion in Wealth, Only Extreme Budget Travel Remains for the May Day Holiday

The strategy of relying on the "Golden Week" to stimulate domestic demand is increasingly losing its effectiveness. This year's "May Day" holiday showcases a stark contrast: tourist attractions are teeming with visitors, and transportation hubs are overwhelmed with congestion; however, this bustling scene is largely disconnected from any real boost in domestic demand, as consumer data reveals a concerning trend.

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