AGP Executive Report
Last update: an hour agoEU-China Trade Tensions: France and Germany want a Franco-German roadmap by September to push the EU to move faster on investigations and tools against what they call China’s unfair trade practices, from chemicals to autos. DeepSeek Funding Push: China’s DeepSeek plans a new fundraising round at about a $74bn valuation ahead of a possible onshore IPO, underscoring rising AI competition costs. AI Rules Hit “Companion” Apps: New China regulations banning AI systems from encouraging emotional dependence have forced major chatbots to remove companion features, leaving users with “farewell” messages. British Steel Compensation Fight: Jingye Group demands compensation from the UK after British Steel nationalization, while London says the move protects jobs and supply for key industries. Battery Policy Shift: China signals the next EV race by tightening lithium-ion consumption tax from Sept. 1, 2026 while keeping sodium-ion and solid-state batteries tax-exempt through 2028. State Support for Markets: China’s central SOE investment firms announce share-buyback and stake-increase plans to bolster confidence in China’s capital market. SM Prime China Bet: SM Prime is investing P1.5bn yuan in Fujian, expanding its Xiamen mall with a “neo-urban” CHAO Block aimed at younger shoppers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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