AGP Executive Report
Last update: 11 hours agoEU Trade: Beijing says its agreement with Brussels on hybrid and electric vehicles averts wider trade friction. The EU plans to cap Chinese hybrid imports at 350,000 a year from 2027, while signaling further trade measures; Chinese automakers are promoting new models at the Paris show as exports rise and domestic sales weaken. Regional Ties: Premier Li Qiang urged New Zealand to speed talks on services trade and said China is ready to expand cooperation in clean energy. Taiwan Tensions: Beijing sanctioned officials from Belize and Paraguay over their ties with Taiwan, calling the measures a warning to others, as China announced live-fire drills after Taiwan’s National Day. Economy: Official data point to stronger consumption and investment in the third quarter, including a sharp rise in spending on AI and robotics. Separately, Beijing police opened a criminal investigation into companies linked to wealth manager CreditEase. Science: A Tsinghua-led team says it has operated a stable thorium-based nuclear clock, a potential step toward more precise navigation and measurement.
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