Globalization with Chinese Characteristics The Trump administration’s “America First” policies have done more than disqualify the United States from global leadership. They have also created space for other countries to re-shape the international system to their liking. -Project Syndicate

Amid the Trade War, Secretive Beidaihe Meeting Seems to Have Begun China’s state media has repeatedly called for national confidence amid rumors that Xi would face criticism at the meeting. -The Diplomat

Chinese media keep up drumbeat of criticism of U.S. -Reuters

Chinese intellectuals urged to toe the party line after pushbacks on policy Amid rising tide of discontent, Communist Party tells universities and research institutes to promote ‘patriotic striving spirit’ among academics -SCMP

China's crackdown on Hong Kong slams the door on peaceful unification with Taiwan With another turn of the screw, China’s heavy-handed communist leaders are at it again, stubbornly fighting the tide of history. In the case of Hong Kong, they are trying to not only stop it but to reverse it. Yet, despite the evidence of the past three decades, they fail to see that their crackdown on Hong Kong is guaranteeing either a showdown or a backdown on Taiwan. -The Hill

Abe cites ‘great responsibility’ to rewrite Article 9 in preview pitch for LDP presidential election Abe, who is eager to amend the Constitution for the first time, has called for adding an “explicit reference” to the Self-Defense Forces to ensure there is no way for them to be deemed “unconstitutional.” -The Japan Times

No one can obliterate Taiwan's existence, says President Tsai Ing-wen -The Straits Times

"In going abroad, the whole world can see Taiwan; they can see our country as well as our support for democracy and freedom," Tsai said. "We only need to be firm so that no one can obliterate Taiwan's existence."

U.S. military has strong words for Beijing after warnings during flight over South China Sea -The Japan Times

Can the US Compete With China in Southeast Asia? Both countries have advantages in Southeast Asia, and the competition will be a long game. -The Diplomat

Indonesia’s Presidential Race Takes Shape, in Shadow of Hard-Line Islam -NYT

What Widodo’s pick for veep says about Indonesian politics After years of battling sectarian politics and attacks on the strength of his religious beliefs, Indonesia’s president has joined forces with Islamic leader Ma’ruf Amin to boost his election chances -SCMP

Australia’s China reset The rest of the world is watching how we counter Beijing’s campaign of influence -The Monthly



Beijing struggles to defuse anger over China's P2P lending crisis Instead of demanding that the government bail out the hundreds of collapsed P2P companies, those who made it to the protest area were forced onto buses and carted away to Jiujingzhuang, a holding center for petitioners on the outskirts of Beijing, according to two P2P investors. -Reuters

HNA sells Radisson Holdings to Jin Jiang-led consortium -Reuters

Trade row prompts Japanese automakers to boost reliance on Asia Truck and bus makers are taking steps to fend off Chinese rivals in the region -Nikkei

Motegi hints that Japan asked U.S. for exemption from planned auto tariffs -The Japan Times

Walmart’s $16b takeover of Flipkart gets regulatory nod Antitrust regulator approves Walmart-Flipkart deal, but issues warning on discounting practices. The Competition Commission of India (CCI) has greenlighted Walmart’s US$16 billion takeover of Flipkart despite opposition from local traders over monopoly concerns. -Tech-in-Asia

Suzuki on way to 2030 goals after strong quarter in India Critical market helps propel automaker to record April-June sales and profit -Nikkei 

South Korean Companies Accused of Illegally Importing Coal From North -NYT

Philippines sets rules for 'virtual monopolist' Grab after Uber deal The Philippine competition watchdog said on Friday it has approved ride hail firm Grab’s acquisition of Uber’s operations, providing it follows rules to ensure fairness to consumers given its stranglehold of the local market. -Reuters


Yield-hungry investors creep back to emerging-market debt Buoyant dollar and faster US rate increases remain risks -Nikkei

Does China dominate global investment? Overseas investment offers China an opportunity to not just bolster its own economy, but also leverage its economic strength to increase its influence abroad. Driven in part by Beijing’s “Going Global” strategy that encourages investment in foreign markets, Chinese firms have actively expanded their overseas footprint in recent years and explored investment opportunities in a range of sectors. -ChinaPower CSIS 

Chinese Real Estate Investment Shapes New Cambodian Skyline -The News Lens

Yuan's internationalization stumbles as China keeps stepping in Central bank aggressively defends the currency against mounting uncertainties -Nikkei

Japan farm exports hit record high in January-June period According to the ministry, the exports grew 15.2 percent from a year earlier to ¥435.9 billion. -The Japan Times

U.S. soybean cargo docks in Chinese port after weeks at anchor amid trade row -Reuters

China says US farmers may never regain market share lost in trade war The country has ‘basically stopped’ importing soybeans from United States, according to vice agriculture minister -SCMP