US–China Summit Afterglow: Trump left Beijing touting “fantastic trade deals,” but details stayed thin—while both sides pushed the Strait of Hormuz message and Iran nuclear red lines, leaving markets jittery. Energy & Consumer Impact: With West Asia pressure still feeding fuel costs, India’s petrol/diesel hikes and CNG/LPG adjustments keep showing up as the real-world hit to household budgets. India Trade & Manufacturing: April exports rose 13.59% to $80.80B and the trade deficit narrowed, while Rajasthan inaugurated its first chip packaging facility in Bhiwadi—another step in India’s electronics push. Gold/Silver Shock: Gold slid about $200 this week as India’s new import-duty/GST mix cooled bullion demand; silver also weakened on rate expectations. EU Trade Action: The European Commission moved on provisional anti-dumping duties on PET spunbond from China, signaling tougher rules for EU buyers. China Retail & Supply Chains: China–Bangladesh green textile cooperation ramps up with energy-efficient and smart manufacturing support. Auto & EV Momentum: Bolt is partnering with Dongfeng to roll out EVs in South Africa, and Stellantis is investing to build Peugeot/Jeep EVs with Dongfeng in China. Gaming & Sportswear: PS5 hit No.3 in Japan sales; Asics posted record Q1 earnings on broad regional growth.