AGP Executive Report
Last update: 11 hours agoEU-China Trade: Trade chief Maroš Šefčovič arrived in Beijing for talks aimed at averting a trade war, as the EU weighs tougher measures over its widening deficit and China rejects requests to curb hybrid-car exports. Beijing warned that the sides’ supply chains are deeply interdependent. Regional Trade: Cambodia’s trade with RCEP members climbed 21.3% in the first nine months, with China among its top partners, while total foreign trade rose 22%. Holiday Economy: Beijing’s key business districts recorded 15.68 billion yuan in revenue, up visits 5.2% year on year; nationwide, travel surged but consumer spending remained cautious. Highway NEV charging volume jumped 51.4% over the holiday. Tech and Industry: China’s semiconductor sales rose 131% year on year in August amid a global market boom driven by AI demand. A Chinese cleanroom supplier also reported record first-half orders, pointing to continued investment in chipmaking. Energy: China’s October fuel-export halt threatens to tighten diesel supply across Asia.
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