AGP Executive Report
Last update: 19 minutes agoAPEC Diplomacy: With leaders due in Shenzhen next week, China and the US say recent high-level talks were constructive. South Korean President Lee Jae Myung also plans to attend the summit. China-US Tensions: Beijing urged Washington to implement agreed tariff cuts and rejected allegations linking Nvidia CEO Jensen Huang to a suspected Chinese spy, calling them a pretext for technology restrictions. Financial Reform: China plans a tougher five-year crackdown on financial fraud. ICBC and Agricultural Bank of China have cleared a key review for share sales as part of a broader 300-billion-yuan capital injection for state financial firms. Regional Ties: Malaysia is seeking deeper business links with China, including partnerships that bring Malaysian small businesses into supply chains. China and ASEAN have provisionally agreed on about 80% of a South China Sea code of conduct, but will miss their year-end target. Taiwan: Xi Jinping again called reunification an “unwavering historical mission” and said it should be peaceful; Taiwan rejected Beijing’s “one country, two systems” proposal.
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