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AGP Executive Report

Last update: 5 hours ago

BRICS Finance Push: Iran says it will soon join the BRICS New Development Bank, with talks also touching payment-system links and digital currencies to speed cross-border deals. Rare Earth Supply: China is expanding the Bayan Obo rare-earth mine in Inner Mongolia by 50% with a $74 million investment to boost processing capacity for high-tech demand. AI Hardware Momentum: Lenovo reported a 43% jump in Q1 revenue, driven by AI-related sales, while mainland stocks climbed as investors chased AI-linked optics and memory names. Central Bank Liquidity Tuning: China’s central bank kept seven-day reverse repo volume at zero for a third straight day, while planning overnight reverse repos to manage short-term liquidity. China-Africa Industrial Shift: Chinese auto exports surged in the first half as domestic sales fell, underscoring a “home plus abroad” strategy; meanwhile, China’s EV makers keep pushing deeper into overseas production. Tech and Trade Links: JD.com opened a direct sourcing office in Seoul to buy Korean goods for Chinese consumers, signaling a platform-driven rebound in Korea-China consumer trade. Passing of a Reformer: Former Premier Zhu Rongji died at 98, remembered for tough economic reforms that reshaped China’s opening.

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.

AGP Wire

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China to tighten entry and exit controls from Sept 15

China to tighten entry and exit controls from Sept 15

Chinese smartphone brands lose shine in India market: What is making the old playbook that they had mastered for over 10 years impossible to follow

Chinese smartphone brands lose shine in India market: What is making the old playbook that they had mastered for over 10 years impossible to follow


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Chinese Ambassador to Cyprus Yang Yundong Pays a Courtesy Call on Permanent Secretary of the Ministry of Foreign Affairs of Cyprus Theodora Constantinidou

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Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2026

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