AGP Executive Report
Last update: 12 hours agoAutos: China’s September car market weakened sharply as exports surged, underscoring automakers’ growing reliance on overseas demand. BMW deliveries fell 6.3% globally in the third quarter, with China sales down nearly 25%. Beijing will also cut new-energy vehicle export tax rebates from April 2027. EU Trade: A China-EU deal caps Chinese-built hybrid imports at 350,000 a year, with the limit rising 6% annually; cars made in Europe are exempt. Chips: Memory maker CXMT plans to bring server DRAM using a denser 4F² design to market by year-end, rattling shares of Samsung, SK Hynix and Micron. Manufacturing: Shanghai’s China International Industry Fair drew more than 3,200 companies and showcased nearly 300 new technologies, with robotics and intelligent manufacturing in focus. Energy: A Chinese expert says vehicle-to-grid technology could help manage charging demand as EV numbers grow, turning cars into part of the power system. Regional Trade: China-Laos Railway freight trade has topped US$15 billion since the line opened in 2021, with shipments growing more than 24% a year.
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