HISTORY HAS ITS WAYS … Why Xi Jinping is worried about 2019 Several important anniversaries loom. The Communist Party is nervous -The Economist

Half a Billion Millennial Voters Are Face of Asia 2019 Many will cast their ballot for the first time as Indonesia and India go to the polls in the first half. -Bloomberg


The risk of more Communist Party influence in Chinese firms -ejinsight

Year in Review: Huawei and the Technology Cold War 2018 was the year that started the U.S.-China tech cold war. 2019 might be the year that splinters the global technology system into distinct spheres of influence. -CFR  

China to Hasten Approvals for Foreign Financial Firms -Bloomberg

Nissan to make fewer units in China in months ahead as demand slows Nissan intends to cut production in China by a total of 30,000 cars. The problem facing the major automakers is decelerating economic growth in the country, and the crippling trade war between China and the US. -BNN

JPMorgan fined by Hong Kong watchdog over money laundering controls -SCMP

  • JPMorgan Hong Kong violated six provisions of the rules between April 2012 and February 2014, the HKMA said

US trade war prompts Taiwan firms in China to look elsewhere Fear of losing access to their most important export market, on top of already existing problems like soaring Chinese labor costs and tougher environmental controls, is forcing companies to move to Vietnam, Cambodia and other countries. -ejinsight

Trade war stands to help Samsung and hurt Foxconn in 2019 Analysts' must-watch Asian companies include Singtel and Taiwan's Eclat Textile -Nikkei

India Curbs Power of Amazon and Walmart to Sell Products Online -NYT

Bangladesh orders operators to suspend internet for national election In a bid to tackle propaganda ahead of Sunday's national election in the country, the telecoms regulator in Bangladesh has ordered mobile operators in the country to shut down high-speed mobile internet services. -BNN

Inside Facebook’s Secret Rulebook for Global Political Speech Under fire for stirring up distrust and violence, the social network has vowed to police its users. But leaked documents raise serious questions about its approach. -NYT


TPP kicks off without US, opening business doors across Asia Vietnam lowers barriers for retailers, Malaysia loosens restrictions on banks -Nikkei

Pacific Rim trade deal enters into force with steep tariff cuts for six nations including S'pore, Australia, Japan -The Straits Times 

With the CPTPP, tariffs were slashed to zero overnight for some products, while for others they will be gradually reduced over a period of up to 20 years.

With tariff reduction commitments mostly tied to the calendar year, a second round of tariff cuts will kick in on Tuesday (Jan 1) for goods from all countries save for Japan, where they will take effect on April 1.

Trade wars cost U.S., China billions of dollars each in 2018 The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture. -Reuters

China to restrict imports of scrap steel and aluminum from July -The Japan Times

China allows first-ever U.S. rice imports ahead of trade talks -Reuters

“I wouldn’t be surprised to see importers trying to move rice into China from California but I don’t know if it will be in breathtaking quantities right away,” - analyst and physical rice trader based in California.

2018 再见 China Has the World's Worst Stock Market With $2.4 Trillion Loss -Bloomberg