AGP Executive Report
Last update: 6 hours agoIndia-UK Trade: The India-UK free trade deal will kick in July 15, cutting auto-component tariffs to zero under quotas and easing duties for conventional passenger vehicles, with EV/hybrid/hydrogen rules also set to follow. India Economy & Energy: A Crisil report flags India’s current account deficit widening to 2.2% of GDP in FY27 as crude prices stay elevated and trade disruptions persist. China Trade & Industry: China’s NDRC pushes back on subsidy claims, warning against politicizing trade, while regulators step up antitrust compliance for delivery platform Lalamove. China Markets & Tech: China Resources New Energy prices its Shenzhen IPO at 10.11 yuan, aiming to raise up to $3.6b, as AI token use in China surges and offshore wind growth keeps China dominating new capacity. Regional Security: China’s Wang Yi is set to attend BRICS national security talks in India, while China reiterates opposition to US arms sales to Taiwan. Japan Watch: Japan’s oil import price hits a record high, and police data shows a record 3,623 people stranded on mountains in 2025. Disaster & Daily Life: Southern China braces for more heavy rain with flood emergency responses, and China expects 83m rail trips over the Dragon Boat Festival travel rush.
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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