AGP Executive Report
Last update: 42 minutes agoTyphoon Bavi: China evacuated nearly 2 million people as the storm hit Zhejiang, triggering flight and rail cancellations and a Level-IV national emergency response with 100 million yuan in central funds for repairs and relief. South China Sea: Beijing reiterated its sovereignty over the South China Sea islands and condemned renewed Western and regional statements marking the 10th anniversary of the 2016 arbitration, while Japan was also criticized for “playing up” the award. AI and security: China warned that Anthropic’s Claude Code may include a built-in monitoring mechanism that could transmit sensitive user data without consent, as OpenAI and Google reportedly provide AI services to some Chinese firms via Singapore entities tied to US DoD blacklist rules. Economy watch: Analysts said China’s GDP deflator is likely to turn positive in Q2, a sign price dynamics are improving. Global ties: Namibia and China signed nine cooperation deals during a state visit, spanning health, education, mining, agriculture, tourism, media and tech. Tech and industry: China’s EVs are averaging just 1.8 years on the road, reflecting rapid model turnover and fast upgrades.
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