China extends censorship campaign to Twitter, carrying out ‘silent slaughter’ Under President Xi Jinping, China has increased scrutiny of social media platforms and sought to restrict access to VPN software. Authorities have not launched a full crackdown on VPNs, however, because both Chinese and foreign companies need them to do business. -The Japan Times

Tesla starts taking Model 3 orders in China -Nikkei

Nissan and Dongfeng aim to boost annual output of electric vehicle model at joint China plant to 23,000 units -The Japan Times

China probe raises shield for domestic precision tool makers Japanese and Taiwanese industry leaders embroiled in trade war as US exports fall China's Ministry of Commerce began questioning six Japanese and Taiwanese machine tool makers on Friday as part of an investigation into allegations of dumping, a probe that stands to benefit mainland competitors bruised by the U.S. trade war. -Nikkei

Japan’s IT firms enthusiastically open doors to overseas tech workers -The Japan Times

India has a new billion-dollar tech company US-based payments processor Visa is taking a minority stake in BillDesk, making the Mumbai-based company the latest entrant in India’s unicorn club of private technology companies valued at over US$1 billion. While Visa did not disclose details, it is expected to value the 18-year-old company at US$1.8 billion. -Tech In Asia

Here’s who wins and who loses in US-China trade war: Vietnam -SCMP

  • Trump’s trade war is boosting Vietnam by driving Chinese firms south

  • That brings rising labour costs – a plus for Vietnam’s workers, a minus for its employers

  • It also brings the risk of US tariffs, if exports are suspected of having Chinese origins

Poor infrastructure keeps Việt Nam’s cruise tourism at bay Despite welcoming 500 international cruises each year, Việt Nam only hosts around 300,000 tourists from cruises – just 3 per cent of the total number of foreigners visiting the country in a year – and the percentage of tourists visiting by cruise did not grow in 2017. -Viet Nam News


APEC fails to reach consensus as U.S.-China divide deepens -Reuters

China attracts US$101 bn in foreign investment this year The UK was among the top sources of foreign investment, which saw a whopping year-on-year growth of 175.9% -The Asia Times

The perils of fintech: China’s former central bank chief issues a word of caution -SCMP

  • Country needs to judge which technologies are progressive and which are subversive

  • Authorities must fully assess the impact fintech might have on monetary policy and financial stability

RHETORIC China says no developing country will fall into debt trap by cooperating with China -Reuters

REALITY Maldives' new president warns of 'looted' coffers after China-led boom Flurry of housing and highway projects leaves country with 'precarious' finances -Nikkei

&THE REACTION Outflanking China, U.S. allies — including Japan — pledge to provide electricity to Papua New Guinea -The Japan Times

The Bank of Japan’s Stealth Tapering When Japanese Prime Minister Shinzo Abe appointed Haruhiko Kuroda as governor of the Bank of Japan in 2013, the country had been living with deflation for 15 years. Kuroda may not have achieved the BOJ’s target of 2% inflation, but that was never his only goal. -Project Syndicate

TPP-11 chief negotiators to meet in Tokyo next week The Comprehensive and Progressive Agreement for Trans-Pacific Partnership covering 13 percent of the global economy, also known as TPP-11, is set to come into effect next month. -The Japan Times

“We’d like to discuss how to operate the pact and the basic policy on accepting future members after it enters into force”

Bank Indonesia hikes rate to 6 percent -Jakarta Post