AGP Executive Report
Last update: 8 hours agoTyphoon Dolphin: China’s east coast braced for the strongest storm this year as authorities issued a red alert, evacuated over 1 million people, and canceled more than 1,000 flights, with heavy rain and flood/landslide risks expected to hit Zhejiang, Shanghai and nearby provinces. AI Compute Race: China is switching on new AI supercomputing capacity, including a first AI cluster built from 100,000 domestically produced chips, as fiber links and national scheduling platforms expand. Chip & GPU Momentum: Moore Threads, dubbed “China’s Nvidia alternative,” reported 147.42% H1 revenue growth, while Apple explores Chinese memory chip supply amid RAM shortages. Trade Shifts: Germany’s exports to China fell over 12% in H1 as China’s industrial upgrading reshapes supply chains and widens the trade deficit. China-Africa Trade Push: Hunan targets $12b in trade with Africa by 2028, focusing on mining, modern agriculture and green energy. Culture & Soft Power: An 80-year-old Chinese illustrator, Cai Gao, won the Hans Christian Andersen Award, often called the “Nobel Prize for children’s literature.” Markets Watch: China’s July inflation cooled, with CPI easing to 0.5% and producer prices slowing, reflecting weak demand.
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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