Is the U.S. “Big, Beautiful Bill” bold reform or reckless spending?

① Chinese FM Wang Yi begins official visit to Europe, with stops at EU headquarters, Germany, and France. (00:45) ② U.S. economy shrinks in first quarter — first contraction in three years. (12:25) ③ U.S. Senate begins debate on Trump’s “Big, Beautiful Bill.” (24:07) ④ Canada rescinds digital services tax following Washington’s trade threat. (36:27) ⑤ Prominent British entrepreneur hails China visit as a catalyst for global trust and dialogue. (46:20)