Mei Ri Jing Ji Xin Wen·2025-05-10 22:40Group 1 - The high-level economic talks between China and the US were held in Geneva, with Chinese Vice Premier He Lifeng and US Treasury Secretary Janet Yellen leading the discussions [2] - Wang Yi, China's Foreign Minister, expressed concerns over the escalating India-Pakistan conflict and emphasized the need for both sides to maintain calm and seek dialogue [3][4] - The Chinese government supports Pakistan's anti-terrorism efforts and aims to facilitate peace talks between India and Pakistan [3][4] Group 2 - The National Bureau of Statistics of China reported that the Consumer Price Index (CPI) in April decreased by 0.1% year-on-year but increased by 0.1% month-on-month, while the Producer Price Index (PPI) fell by 2.7% year-on-year and 0.4% month-on-month [4] - The People's Bank of China highlighted the significant risk posed by the US's $24 trillion net foreign debt, attributing it to the misuse of the dollar's international currency status [5][6] Group 3 - Nvidia plans to launch a downgraded version of its H20 AI chip for the Chinese market in response to US export restrictions, indicating potential shifts in the global chip supply chain [10] - Apple is reportedly preparing to release its first foldable iPhone by the second half of 2026, with key components already sent for testing [11] - Several small and medium-sized banks in China have lowered their deposit interest rates, reflecting the current financial policy direction [12] Group 4 - Xiaomi's founder Lei Jun described the past month as one of the most challenging periods since the company's inception, indicating a need for strategic reflection [14] - Xiaomi is set to establish its largest flagship automotive center in Shanghai, which will enhance its brand presence and service capabilities in the region [15]