AGP Executive Report
Last update: 2 hours agoRegional Diplomacy: Pakistan’s Shehbaz Sharif and Iran’s Masoud Pezeshkian called for dialogue and de-escalation at COP31. Their meeting comes as China’s Wang Yi and U.S. Secretary of State Marco Rubio seek steadier ties ahead of next week’s APEC summit in Shenzhen. Vietnam and Japan also agreed on a new direction for cooperation after Vietnamese leader To Lam’s visit. China’s Economy: Singles’ Day sales are tracking near last year’s level, but the prolonged property slump and weak consumer confidence are limiting hopes for a stronger spending rebound. Poverty: A new UN report says more than 1.1 billion people in Asia and the Pacific face poverty across areas including health, education and housing; 310 million are in extreme poverty, while another 1.2 billion are vulnerable. Green Finance: China issued 4 billion yuan in sovereign green bonds in Canada, drawing orders 13.5 times the amount offered and widening bilateral financial cooperation.
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