AGP Executive Report
Last update: 10 hours agoDiplomacy: Oman’s Sultan Haitham arrived in Beijing for the first visit by an Omani head of state since ties began in 1978, as the two countries seek closer trade and energy cooperation. Oman is a major supplier of crude oil to China. Technology: Chinese robotics firms are shifting from flashy humanoid stunts to embodied AI that helps machines learn and adapt. The sector attracted 93.5 billion yuan in investment in the first half of 2026, five times the year-earlier total. Economy: China’s five largest state-owned banks posted quarterly profit growth of 6% to 11%, their strongest in several years, as stabilising margins offset weak credit demand and a slowing economy. Party oversight: The Communist Party plans to use big data to monitor members’ online activity for signs of corruption, extending Xi Jinping’s campaign to tighten discipline. Taiwan tensions: Taiwan said a Chinese coast guard vessel entered restricted waters near the Pratas Islands, calling the patrol harassment; Beijing says the waters fall under its jurisdiction.
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