AGP Executive Report
Last update: 8 hours agoUS Tariff Crackdown: The White House alleges a “Great Transshipment Scam,” naming 40+ countries (including India, Japan, South Korea and parts of Southeast Asia) as helping China dodge US tariffs via relabelling and light processing, warning of penalties and market-access risks. India Inflation Watch: India’s wholesale price inflation eased to 9.78% in July (from 9.87%), with fuel and power cooling sharply, while food and manufactured products stayed firm—retail inflation rose to 4.45%. EV & Mobility Shift: India moves to require alternative-fuel facilities at every third fuel outlet over the next three years, while Japanese automakers back India’s push to cut fossil fuel use via a technology-neutral mix. China Consumer & Tech Push: China’s AI voice startup VUI Labs claims Luna-TTS tops major global TTS rankings; SMIC and Hua Hong report triple-digit profit growth on AI chip demand. Auto Market Signals: China’s carmakers keep selling hard overseas even as domestic demand softens, and GM China confirms Chevrolet production continues but sales end in China. Health Retail Deal: GNC signs DFI Retail Group as exclusive wholesaler/distributor/franchisee for Hong Kong, Macau and Singapore. Food & Lifestyle: Grupo Bimbo bets on China’s “eating right” trend with clean-label and health-led bakery lines. Logistics for Shippers: Group Concorde named Vietjet Air Cargo GSA for Japan and Indonesia, supporting cargo growth and new Vietnam–Sri Lanka routes.
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.