AGP Executive Report
Last update: 9 hours agoRegional Finance: APEC finance ministers opened talks in Hong Kong on fiscal support for households, digital infrastructure and inclusive finance, ahead of November’s leaders’ summit. Industrial AI: Germany and Nvidia will develop advanced AI models for manufacturing, aiming to build a broader industrial AI ecosystem. China’s Growth: The economy grew 4.5% in the third quarter and 4.6% in the first nine months. Beijing says it will step up support for domestic demand as weak consumption remains a concern; new industries are contributing an increasing share of growth. Trade and Investment: US Secretary of State Marco Rubio says Washington and New Delhi are close to a trade deal, with energy ties and India’s Russian oil purchases also on the agenda. SCO Cooperation: Members signed a 2026–30 economic cooperation roadmap, with proposals to expand cross-border trade, transport links and use of national currencies. Infrastructure Strains: A review of South Africa’s major municipalities warns that weak finances, failing infrastructure and poor planning are holding back growth and investor confidence.
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