AGP Executive Report
Last update: 10 hours agoEV Boom in China: New-energy vehicles kept surging in May, hitting 56.9% of new car sales as buyers chase lower running costs and smarter, AI-powered cabins. AI Cyber Race: A Chinese-speaking APT in Southeast Asia is using a newly documented TinyRCT backdoor to hit government and critical infrastructure, showing how fast cyber tools are evolving. South China Sea Tensions: The Philippines’ defense chief accused China’s Manila embassy of “insincerity” after Beijing rejected the 2016 arbitral award, as confrontations in the West Philippine Sea continue. APEC Tourism in Macao: APEC tourism ministers met in Macao, with officials pitching the city’s hospitality and opening-up potential to global visitors. Education Milestone: China says its education system now serves 286 million students across 470,000 schools, with higher education enrollment topping 60%. China-India/Global Governance Debate: IMF economist Gita Gopinath recalled being told she was in the “wrong chair” and criticized a US-China meeting with no women. Bangladesh Investment Push: Eleven Chinese firms proposed $9.21 billion in Bangladesh, spanning energy, waste-to-energy and port-linked industrial zones. AI Hardware for Data Centers: Some Chinese chipmakers are betting on silicon carbide to ease the power strain as AI data centers expand. China-Europe Trade Link: China-Europe Railway Express traffic has surged since 2016, with cargo value reaching $67.7 billion in 2025. China’s Gold Rules: Regulators proposed easing gold import/export rules while keeping customs supervision for cross-border gold carried by individuals.
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.