AGP Executive Report
Last update: an hour agoAuto Exports: China’s NEV exports jumped 130% to 4 million in the first nine months, even as September domestic vehicle sales slumped 26% year on year. The export surge is becoming a lifeline for automakers facing weaker home demand. EU Trade: Beijing and Brussels reached a consensus on vehicle trade, including a reported annual cap of 350,000 Chinese hybrid imports. The deal aims to ease tensions but could sharply curb shipments. AI Race: Chinese models took the top five spots in global weekly token usage, led by DeepSeek, whose usage rose 60% in the latest week. Tech Investment: SK Group plans an AI research center in Shanghai, targeting data centers, physical AI and biopharmaceuticals, according to South Korean media reports. Consumer Demand: China’s extended Double 11 shopping season is underway, with platforms rolling out early discounts and subsidies as retailers seek to sustain spending. Yuan Payments: Ecobank signed a deal with China’s CIPS network to facilitate yuan payments for African businesses, as China-Africa trade grows.
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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