AGP Executive Report
Last update: 12 hours agoG20 Trade Diplomacy: China said the Milwaukee G20 trade ministers meeting produced no outcome documents on US-set “overcapacity,” “forced labor,” and MFN issues, while members agreed only on opposing the weaponization of food, as Beijing urged multilateralism and WTO-centered cooperation. Anti-Dumping Push: China opened a new anti-dumping probe into EU p-nitrotoluene imports, adding to a wider trade friction backdrop ahead of EU-China talks. Trade & Supply Chains: China’s trade ties still matter for US ports, with Long Beach and Los Angeles citing China’s large share of cargo and warning that any US-China shift can ripple through jobs and consumer supply chains. Energy Finance: ACWA Power reached financial close for its $2.5bn Rabigh 2 expansion in Saudi Arabia, a 2,313.5MW combined-cycle project with readiness for carbon capture. China Overseas Infrastructure: China said road works in Malé and a 100-bed China–Maldives Friendship Hospital are expected to start in late 2026/early 2027 under China Aid grants. Industrial Upgrading: A Chinese sugarcane harvester maker is scaling from import replacement to global exports as mechanization reshapes the sector. Holiday Demand: National Day travel stayed strong on Day 4, with rail, road and waterway passenger volumes rising.
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