AGP Executive Report
Last update: 10 hours agoTrade: China and Switzerland signed an upgraded free-trade deal that will eventually remove tariffs on 99.8% of Swiss goods exports to China and expand access for services and investment. US-China Business: The FCC voted to bar Chinese labs from testing electronics for the US market, a move set to take effect in 2028. Chinese officials warn it could raise costs and disrupt supply chains; Chinese labs tested 82% of devices seeking US approval last year. China Demand: Retail sales of goods and services rose 2.6% in the first three quarters, with services up 5%. Foreign firms also reported gains: Adidas sales in Greater China climbed 20% in the third quarter, while Eli Lilly’s China revenue rose nearly 75% in the first nine months. Markets and Industry: Chinese stocks remain under pressure in an AI-led selloff. China Rare Earth plans a major asset restructuring, with shares set to be suspended from Nov. 2. Green Shipping: China is involved in at least 21 green shipping corridor initiatives—nearly a fifth of the global total—but weak customer demand remains a hurdle to making zero-emission routes commercially viable.
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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