AGP Executive Report
Last update: an hour agoEU-China Trade: Brussels is pressing Beijing for concessions as the bloc’s goods deficit tops €1 billion a day, while France and Germany push for faster trade countermeasures. Talks face a trust test as the EU seeks results and China warns against protectionism. Autos: BYD sold 463,561 vehicles in September, with overseas sales up 153.9% year on year, underscoring the growing importance of exports. Chinese-made cars also outsold Japanese- and Thai-built vehicles combined in Australia. Power & AI: China plans more than 5 trillion yuan in power-grid investment through 2030. Huawei says its Ascend chips now outsell Nvidia’s in China, but acknowledges it cannot meet domestic demand. Agriculture & Logistics: China is expanding use of smart harvesters, drones and new-energy tractors, while a new Guinea-to-Chongqing bauxite route cuts transit time by about 25 days. Chinese researchers also mapped rice’s full lifecycle in a 3D cell atlas, a resource for studying crop development and grain quality.
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