AGP Executive Report
Last update: 11 hours agoDiplomatic Tensions: Beijing protested UK border searches of Chinese travellers, while Manila summoned China’s ambassador over remarks about a possible clash in the South China Sea. Economic Policy: China’s economy grew 4.5% in the third quarter, with strong exports helping offset weak domestic demand. Beijing also launched a new central state-owned data company, bringing the number of centrally administered SOEs to 100. AI Competition: China’s $9 billion state-backed AI fund is investing in domestic model developers. Beijing criticized a US order barring DeepSeek from federal civilian systems. Regional Cooperation: Chinese-developed perennial rice has produced its first harvest in Malaysia’s Sarawak, which hopes to boost local food production. Malaysia is also pursuing faster overland durian shipments to China. Culture and Sport: China plans a national survey of movable cultural relics in the next five years. At the Asian Para Games, powerlifter Guo Lingling set a world record as Chinese athletes made a strong start.
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