Xi Jinping's attendance at Russia's Victory Day parade in Moscow dominated the morning's synchronized coverage across state media. Xi and Putin's "special responsibility as major countries" rhetoric intensified as they signed over 20 bilateral cooperation documents, underscoring their strategic alignment amid global tensions.

By midday, focus shifted to Trump's statement that "80% tariffs on China imports seems right," directly challenging the economic defense measures China implemented on May 7th. This positioning ahead of US-China talks in Geneva revealed Trump's negotiation posture despite previous signals of potential tariff reduction.

Morning economic data showed concerning inflation indicators with CPI expected to decline 0.1% while PPI decline may widen to 2.7%, adding pressure to China's monetary policy shield. Reports emerged that European companies' confidence in China has diminished due to mounting trade tensions, complicating Xi's diplomatic outreach efforts begun earlier in the week.