APAC MONDAYS

GEOPOLITICAL RISK+GLOBAL MARKETS

APAC | GEOPOLITICAL RISK

At Least 20 Killed in Kashmir as Indian Army Clashes With Militants An Indian Army operation against militants fighting Indian rule in the Muslim-majority Kashmir Valley killed at least 13 militants on Sunday, the largest one-day death toll of insurgents in recent years -NYT

Kim Jong Un's surprise visit to Beijing: Views from US, China, South Korea and Japan -The Straits Times

What Trump Wants From North Korea -Real Clear World

(1) What was tried for almost three decades by administrations of both parties has not worked;

(2) He would pursue new options, including both personal diplomacy and credible threats of force to protect American and allied security interests;

(3) China must use its unique leverage to compel North Korea’s denuclearization or itself pay a significant political, economic, and diplomatic price.

Abe’s route to revising Article 9 crosses minefield of legalese Abe and LDP plot course to navigate contentious issue that could prove difficult for public to grasp -The Japan Times

How Asia Should Respond to US Protectionism The Trump administration seems set on pursuing a destructive protectionist path. But, rather than retaliate, Asian economies should use the threat of broader US tariffs as an opportunity to revamp their development models, thereby boosting their own prosperity and resilience, not to mention their positions as constructive global actors. -Project Syndicate

Tsai details Taiwan’s response to US trade sanctions on mainland China The government has devised a raft of responses to address volatility in global markets in the eventuality of such an outcome, Tsai said. Accelerating investment to boost domestic demand, enhancing innovation capacity, stimulating economic diversification and strengthening the production, R&D and trade base are all part of the measures -Taiwan Today

The Unfolding Mekong Development Disaster How China’s grand strategy for the Mekong impacts the river, and the countries downstream. -The Diplomat

China makes its presence felt at Mekong meeting Foreign Minister Wang Yi teams up with Cambodian leader Hun Sen -Nikkei Asian Review

APAC | MARKETS IMPACT+OPPORTUNITY

GLOBAL BUSINESS

Senator Warren, in Beijing, says U.S. is waking up to Chinese abuses -Reuters

After years of mistakenly assuming economic engagement would lead to a more open China, the U.S. government was waking up to Chinese demands for U.S. companies to give up their know-how in exchange for access to its market, Warren said.

Airbnb complies with China law to hand over guest details as listings double Airbnb’s compliance with Chinese regulations requiring foreigners to register their accommodation with local police within 24 hours brings it in line with hotels and guest houses. -South China Morning Post

READER BEWARE A Hong Kong Newspaper on a Mission to Promote China’s Soft Power -South China Morning Post

India's electronics ministry moots duties on key smartphone component: sources -Reuters

Taiwan's electronics makers face triple threat Higher costs, iPhone disruption and US-China friction erode profits -Nikkei Asian Review

THE CHALLENGE OF GOING LOCAL FROM SILICON VALLEY You have not arrived: why Google Maps is a lost cause for Indonesian drivers Inaccurate maps, patchy internet and digital illiteracy conspire to make ride-sharing company drivers reluctant to rely on digital navigation – a rare bit of bad news for an otherwise booming industry -South China Morning Post

Grab-Uber merger may have infringed competition laws, says Singapore watchdog The Competition Commission of Singapore (CCS) suspects that Southeast Asia’s leading ride-hailing app Grab has infringed the country’s Competition Act by purchasing rival Uber’s Southeast Asian operations, it said in a statement. -Tech-in-Asia

READ THE RELEASE Uber/Grab Merger: CCS Proposes Interim Measures Directions in Order to Preserve and/or Restore Competition and Market Conditions -Competition & Consumer Commission, SG

Singapore says it's beating Hong Kong in Asian business hub race -The Straits Times

GLOBAL MACRO

Regulator warns Chinese not to ‘gamble’ on yuan exchange rate Currency has gained about 9 per cent against the US dollar in a year -South China Morning Post

BOJ’s independence tested 20 years after legal revision curbed government influence With the fight against deflation about to reach a critical stage, it remains to be seen if the BOJ will be able to make the decision to normalize monetary policy based on its own judgment and without bowing to pressure from the government. -The Japan Times