Why the Renminbi Won’t Rule As the US retreats from the world stage and a multipolar global order emerges, the international monetary system may well be transformed – but probably not into a renminbi-led system. Indeed, not even China expects the age of renminbi diplomacy to arrive anytime soon. -Project Syndicate


Xi Jinping's Message to the World: China is Back The hallmark of China’s foreign policy under Xi has been the abandonment of the “lay low” doctrine. But while the primary audience of the 19th Party Congress is the Chinese people, Xi’s speeches also contains a message to the world—one that Washington, Tokyo and other capitals must take seriously. -The National Interest

3 Major Takeaways from Xi Jinping’s Speech at the 19th Party Congress Chinese president kicks off the national event with a 3-plus-hour speech. -The Diplomat

1.    China will create a world-class military

2.    Flexing muscles toward Taiwan

3.    Dangling a carrot to Hong Kong

What do you call Xi Jinping? China’s elite echo language of Mao to sing the praises of their ‘leader and helmsman’ Revival of the grandiose rhetoric once used to eulogise the founder of Communist China signals president’s enhanced power and status -SCMP

Top Chinese officials 'plotted to overthrow Xi Jinping' A top Chinese official has claimed several high-ranking members of the Communist Party had plotted to seize power from President Xi Jinping. -BBC World


New police division for Hong Kong mass protests sparks fears community relations will worsen Pro-Beijing lawmaker praises unit as helping make evidence collection more professional, but pan-democrats worry about political oppression -SCMP


ELECTION WATCH>> Abe wins convincing majority in Japan election, exit polls show Split opposition helps premier to fifth straight victory -Nikkei

Abe’s gamble pays off with ruling bloc headed for two-thirds majority in Lower House Prime Minister Shinzo Abe’s ruling coalition was all but certain of a resounding victory in Sunday’s general election, as early projections showed that it was likely to secure a two-thirds majority in the Lower House, raising Abe’s chances of achieving a historic third term and his longtime ambition of revising the pacifist Constitution. –The Japan Times

Despite growing presence, foreign residents’ needs treated as accidental election issue Despite the growing influx of foreign workers and residents in Japan, their perspectives have been largely ignored ahead of Sunday’s Lower House election, according to the director of a nonprofit organization that supports immigrant children and youths in the country. -The Japan Times


‘One China’ won’t be accepted: MAC The Mainland Affairs Council said that ‘artificial obstructions’ are the source of deadlock, while the Presidential Office issued a measured statement -The Taipei Times

SHOCKER>> Tsai's Southbound Policy Faces 'One China' Opposition Taiwan President Tsai Ing-wen's New Southbound Policy has raised awareness of the South Asian and Southeast Asian countries that it targets, but is struggling to strike meaningful deals in the face of mounting Chinese diplomatic and economic opposition. -The News Lens

Taiwan to seek backing from US on arms sales The US-Taiwan Defense Industry Conference would discuss the threats facing Taiwan and different ways to exploit China’s weaknesses in various domains -Taipei Times


Singapore's success depends on 'next next generation of leaders', says Chan Chun Sing -The Straits Times

Deep-rooted Problems with Democracy in Indonesia Indonesians who tend towards secular forms of democratic politics should be aware, now more so than ever, of the historical and contemporary weakness of politically liberal (or social democratic) streams within Indonesian politics. -NewsLens

What Went Wrong With Cambodia’s Opposition Party How has the CNRP fallen so far, so fast? The opposition Cambodia National Rescue Party (CNRP) took years to form but weeks to fully unravel. -The Diplomat

FOWL WEATHER FRIEND>> In Rohingya crisis, Myanmar again finds a best friend in China Anti-Western sentiment spreads among citizens -Nikkei



THUS SPOKE THE CHINA REGULATOR>> China box office revenues to bounce back in 2017: regulator China’s movie box office revenue is expected to grow in 2017 at more than three times the pace of last year thanks to the success of blockbusters like “Wolf Warrior 2”, the media regulator said -Reuters

China regulator fines hospital owner $21 million for insider trading -The Straits Times

Tesla Reaches Deal for Shanghai Facility, WSJ Reports Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan. -Bloomberg

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data center operator Digital Realty Trust (DLR.N) and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion) -Reuters

Production nerve centers retake stage in Japan Reshoring prompts push to reinforce 'mother' factories Japanese manufacturers are strengthening so-called mother factories here and refocusing on the benefits of domestic production, making a U-turn from the offshoring of recent years. -Nikkei

"We will strengthen Japanese manufacturing once again" -Honda Motor President

BRIEF-PM Abe says govt will work with business sector to restore lost trust in Japan manufacturing -Reuters 

Lack of automation let Kobe Steel manually manipulate inspection certificate process -The Japan Times

PODCAST OF THE WEEK>> The Hard Thing about Hardware Startups in Japan Today we sit down with Takuro Yoshida CEO and founder of Logbar, and we dive into the reasons and also go over Logbar’s strategy for avoiding the mistakes that have killed off so many other Japanese IoT startups. -Disrupting Japan

Uber launches in Cambodia and starts parcel delivery in Indonesia’s second largest city Uber today launched its ride-hailing service in Cambodia and started a new feature in Indonesia’s second-largest city Surabaya: UberDeliver, an on-demand courier service. -Tech-in-Asia


Japan’s Nikkei rises to match longest streak as foreign investors continue buying momentum Japan’s benchmark Nikkei stock average rose for the 14th straight day Friday, matching its longest-ever winning streak last seen in the early 1960s as a weak yen added to expectations for solid first-half earnings among listed Japanese companies. -The Japan Times

GOING OUT (AGAIN) >> China’s pension fund has US$317 billion up its sleeve ... and now it’s shopping for overseas investments Fund’s chairman Lou Jiwei tells Post he wants to diversify risk by looking abroad -SCMP

Opposites attract. China's billions are already flowing into the Philippines via online gaming and infrastructure spending. Hot portfolio flows could be next. -Bloomberg Gadfly