Here's your summary from Bloomberg Markets: Asia 05/31/2024 (https://www.youtube.com/watch?v=ZrrxmViZKtE) on the Bloomberg Television channel:

**TLDR:** Donald Trump found guilty on all 34 counts in hush money trial, China's factory activity unexpectedly shrinking, and U.S. and China defense chiefs expected to meet at Shangri-La Dialogue.

1. Donald Trump found guilty on all 34 counts in hush money trial, potentially impacting U.S. political landscape.

2. China's factory activity unexpectedly shrinking, raising concerns about economic recovery.

3. U.S. and China defense chiefs expected to meet at Shangri-La Dialogue, amid rising tensions in South China Sea and Taiwan Straits.

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