AGP Executive Report
Last update: 8 minutes agoEU-China Trade Tensions: France and Germany are pushing for a Franco-German “roadmap” by September to hit China’s “unfair trade practices,” including subsidies and currency-linked price pressure, with ministers tasked to speed up EU market investigations. Anti-Corruption Probe: China’s top discipline watchdog opened an investigation into former China Development Bank president Ouyang Weimin, citing serious party-discipline and legal violations. AI Rules and Social Fallout: New Chinese regulations banning AI “emotional dependence” have forced major chat companion services to remove features, leaving users reporting abrupt “farewell” losses. British Steel Compensation Fight: Jingye Group says the UK’s full nationalisation of British Steel last week warrants compensation and possible arbitration, while London argues the move protects jobs and strategic steel supply. Global AI Governance Push: At Shanghai’s WAIC, Xi’s remarks framed AI governance around openness, security, and inclusion; China also promoted the World AI Cooperation Organization with Pakistan and Indonesia. Tech Industrial Policy: China is set to raise consumption tax on lithium-ion batteries while keeping sodium-ion and solid-state batteries tax-exempt through 2028, signaling a new push for next-gen EV supply chains. US Election Claims Roil Ties: Trump renewed allegations of China-linked election data access; Beijing dismissed the claims as fabricated and aimed at vilifying China.
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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