Group 1 - The core event is the upcoming SCO summit in Tianjin, where over 20 national leaders and heads of 10 international organizations will gather, highlighting China's role as the rotating chair of the SCO [1][3] - China has facilitated over 100 cooperation activities across various fields including politics, security, and economy in the past year, with an expected import volume of $2.8 trillion in 2024, attracting significant market interest [1][3] - The SCO has expanded to 26 countries and is initiating feasibility studies for a free trade area, while BRICS has expanded to 11 countries, promoting reforms in the New Development Bank and establishing a multilateral tariff coordination mechanism [3] Group 2 - The rise of multilateral cooperation is emphasized as countries seek to move away from unilateralism, with China's "Global Development Initiative" already implemented in over 50 projects [3][8] - Trump's decision to visit Malaysia instead of China reflects a strategic move to maintain a presence in Asia and balance relations, as Malaysia has deep cooperation with China in various sectors [5][8] - Recent actions by Trump, including potential tariff increases on imports from India and new policies allowing alternative assets in retirement plans, indicate significant shifts in U.S. economic policy that could impact global markets [6][8]