AGP Executive Report
Last update: 9 hours agoGlobal Debt: The IMF says government borrowing could hit 100% of global GDP by 2029, as rising interest costs squeeze budgets and leave less room to handle shocks. China Trade: China’s January–September surplus reached $938 billion after exports jumped 36.3% in September, intensifying pressure from trading partners over imbalances. India’s deficit with China topped $105 billion. Asia Growth: Singapore grew 5.4% in the third quarter, down from 6.2% in the previous quarter; its central bank held policy steady. Vietnam, meanwhile, reported 9.01% growth in the first nine months and is pushing for more than 10% this year. Trade Ties: EFTA and Vietnam are set to sign a free-trade deal on Sunday, while Türkiye and the EU are advancing technical talks to update their Customs Union.
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