AGP Executive Report
Last update: 2 hours agoSouth China Sea: China and ASEAN have provisionally agreed on about 80% of a proposed code of conduct, but diplomats say negotiations will miss this year’s deadline. The pact aims to reduce the risk of clashes in the disputed waters. U.S.-China Ties: Foreign ministers Wang Yi and Marco Rubio held what Beijing described as positive, constructive talks, as scrutiny of technology trade between the two countries intensifies. Chip Controls: Procurement records show PLA-linked Northwestern Polytechnical University bought two Nvidia H200 chips through a Chinese supplier despite U.S. export restrictions, highlighting gaps in Washington’s controls. Consumer Spending: China’s Singles’ Day sales are broadly tracking last year, but the extended shopping festival has yet to shake weak demand amid a property slump and low consumer confidence. Climate Cooperation: China, Türkiye and Ethiopia launched a COP31 initiative to strengthen international carbon-credit markets and channel financing toward climate projects.
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