MIRROR IMAGING How the West got China wrong It bet that China would head towards democracy and the market economy. The gamble has failed -The Economist

A UNITED FRONT? The U.S.-China Economic and Security Review Commission "China’s Relations with U.S. Allies and Partners in Europe and the Asia Pacific” -US-China Economic and Security Commission

EU Can Help Settle the U.S.-China Trade Dispute -Bloomberg

Japan seeks to join U.S. WTO complaint against China as third party Japan has notified the World Trade Organization of its intention to join as a third party the United States’ complaint against China over alleged theft of intellectual property -The Japan Times

US-China trade row spells pain and gains for ASEAN Spread of 'China plus one' production expected to boost investment in bloc The tit-for-tat trade dispute between the U.S. and China is generating a mix of fear and hope across Southeast Asia and Oceania, which export large volumes to the two countries. -Nikkei Asian Review

Former South Korea Leader Park Sentenced to 24 Years in Jail -Bloomberg

Corruption in Thailand: Running in Place The military junta, despite promises, has made little progress in weeding out corruption. -The Diplomat 

Japan and Cambodia sign grant and loan agreement worth $90 million for economy, infrastructure -The Japan Times



THE GOOD AND BAD OF GOING GLOBAL - #COPYCAT ACTIONS Facebook faces fresh scrutiny in Asia over massive data leak Potential fallout could be huge in a region with over 800 million active users The governments across the region including Indonesia, the Philippines and Australia have stepped up their investigations into the company after it announced on April 4 that up to 87 million users may have had their information "improperly shared" with data analytics firm Cambridge Analytica. -Nikkei Asian Review

Big Brother’ in India Requires Fingerprint Scans for Food, Phones and Finances -NYT

READING CHINA WRONG - PODCAST OF THE WEEK Episode 244: What Mike Moritz got wrong about China Startup Ecosystem with Benjamin Joffe -Analyse Asia

General Motors March China vehicle sales up 2 percent from year earlier General Motors Co’s (GM.N) sales in China grew approximately 2 percent in March from a year earlier to 352,346 vehicles, the U.S. automaker said on Sunday. -Reuters

Chinese Uber rival Didi launches in Mexico, recruits drivers -Reuters

Fear of Chinese steel flood Indonesian steel producers have long complained about what they allege to be unfair competition from dumped steel from China, which because of its much slower economic growth, has been building up an annual steel surplus of more than 100 million tons. -The Jakarta Post

“Trade Ministry data shows Indonesia is now the world’s third-biggest net importer of steel and the steel trade deficit last year exceeded $6 billion, the second largest after the oil and gas trade deficits.”

Will Malaysia’s Upcoming Election Put Chinese Investments at Risk? How much do Chinese investors need to worry about Malaysia’s next election? -The Diplomat


MARKETS TRUMP FUNDAMENTALS Chinese bonds draw foreign investors on upcoming global index inclusion Bloomberg’s announcement last month that it would conditionally add Chinese yuan-denominated government and policy bank securities to its global bond benchmark indices starting April 2019 was a major stamp of approval of the nation’s liberalisation efforts -SCMP

Japan’s long growth run faces turning point as wages and spending fall -The Japan Times

Trump’s chaotic trade crusade is making emerging markets great again Trump’s escalating trade war is putting sizeable, rapidly-growing nations less integrated with global trade flows at a unique advantage, says William Pesek -SCMP

IMPACT + OPPORTUNITY As U.S. and China trade tariff barbs, others scoop up U.S. soybeans Escalating tensions between the United States and China have triggered a flurry of U.S. soybean purchases by European buyers, in one of the first signs that trade tariff threats lobbed between the world’s top two economies are disrupting global commodity trade flows. -Reuters

Singapore a regional gateway for LNG traders -The Straits Times