IMF lowers global growth forecast for 2026 to 3.1 percent

The International Monetary Fund has lowered its global economic growth forecasts for 2026 to 3.1 percent amid the Middle East conflict.

Chinese President Xi Jinping has made a four-point proposal on maintaining peace and stability in the Middle East during his meeting with the crown prince of Abu Dhabi in Beijing.

Chinese President Xi Jinping has met Spanish Prime Minister Pedro Sanchez in Beijing. The Spanish leader is making his fourth visit to China in four years.

Customs data shows that China's foreign trade recorded strong growth in the first quarter of the year. Total imports and exports of goods reached more than 11.8 trillion yuan, marking a 15 percent year-on-year increase.

Spanish Prime Minister Pedro Sanchez has underscored the importance of international scientific cooperation during a visit to the Chinese Academy of Sciences.

The U.S. blockade of the Strait of Hormuz is in effect. The blockade follows the failure of peace talks between Iran and the U.S. in Pakistan on the weekend.

Chinese Premier Li Qiang says the country is ready to further play a constructive role and contribute to the restoration of peace and tranquility in the Gulf region during a meeting with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, crown prince of Abu Dhabi.

Russian Foreign Minister Sergei Lavrov will pay an official visit to China on Tuesday and Wednesday.

Shanghai Pudong International Airport has become the first airport in China this year to handle more than 10 million cross-border passenger trips. The figure accounts for nearly 86 percent of all cross-border arrivals and departures in Shanghai.

Hungarian Prime Minister Viktor Orban has conceded defeat after partial results showed a clear victory for the opposition Tisza Party, signaling the imminent end of his 16 years in power.