China’s Industrial Pulse: Profits of China’s major industrial enterprises jumped 18.2% year-on-year in Jan–Apr 2026, with April alone up 24.7%, underscoring momentum in high-tech and chip-linked sectors. AI & Regulation: China’s drug regulator rolled out tighter compliance rules for online prescription-drug sales, aiming to rein in a fast-growing channel for branded and innovative medicines. Tech & Markets: Viewtrix Technology, a display chip maker, listed on the Hong Kong Stock Exchange, while PDD’s first-quarter results showed pressure from weaker domestic demand and tougher competition. China-Global Business: Nvidia CEO Jensen Huang is reported to be joining Tsinghua University’s advisory board as US chip export limits continue to shape China’s AI supply chain. Diplomacy & People-to-People: China’s FM Wang Yi met counterparts in New York, stressing support for partners’ independent development choices, including with Turkmenistan, Cambodia and Costa Rica. Culture & Society: A Chinese tea event in Budapest highlighted “Tea: The Taste of Harmony,” blending tea ceremony with Suzhou embroidery. Safety Watch: A passenger van accident in central China’s Henan killed 13, prompting renewed scrutiny of road safety.