AGP Executive Report
Last update: 12 hours agoFiscal Policy: Beijing will step up counter-cyclical support for domestic demand and speed up bond-funded projects. It has also allocated 550 billion yuan in unused local debt quotas, with 300 billion earmarked for county budgets and 250 billion for investment projects. Military Leadership: Xi Jinping’s purge of senior commanders Zhang Youxia and Liu Zhenli leaves a challenge beyond replacing them: rebuilding a command structure that is both politically loyal and operationally experienced. Worker Protections: China has proposed its first dedicated rules for gig workers, addressing pay, working hours, injury cover and platform algorithms. Regional Security: A new China-Laos military training and aviation facility has begun operating in Laos, raising questions about Beijing’s expanding regional footprint. Japan Ties: Beijing says it is open to dialogue with Tokyo, but wants talks to resolve disputes, amid strained relations over Taiwan.
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