APAC MONDAYS

APAC Mondays 2018(1).png

GEOPOLITICAL RISK +GLOBAL MARKETS

APAC MARKETS IMPACT + OPPORTUNITY

Japan sees David Malpass as 'a powerful candidate' to lead the World Bank, finance minister says Malpass, regarded as a China hawk, called for support from Japan to help him become the head of the Washington-based development institution. Japan is the bank’s second-largest shareholder. -The Japan Times

China’s Personal Information Security Specification (Translation) The Chinese government’s first major digital privacy rules -New America

Jobless and furious: Indian youth vow to oust PM Modi in election Thousands of new voters protest, demanding jobs and better education -Nikkei

GLOBAL BUSINESS

PODCAST OF THE WEEK Episode 284: Western Union in Asia Pacific & Trends in Fintech Western Union joined us to discuss the business and distribution footprint of the company across Asia Pacific. -Analyse Asia

Understanding China's AI Strategy Clues to Chinese Strategic Thinking on Artificial Intelligence and National Security -CNAS

This Beijing hub is home to 10 major AI labs driving China’s tech ambitions -Tech in Asia

How official Chinese propaganda is adapting to the social media age as disaffection spreads among millennials -SCMP

·       Communist Party’s official outlets scouring country for new media specialists to reach 800 million web users and squeeze out ‘undesirable influences’

·       Growing disaffection among younger generations prompts party outlets to cut back on Communist jargon in effort to ‘reach people’s hearts’

Brutal culling awaits China’s EV battery makers as support ends Even top players like CATL and BYD are likely to feel the pain -Nikkei

How Narendra Modi’s political priorities ambushed Amazon and Walmart, and benefited India’s richest man The vote, which must be held by May, has increased the influence of local retailers that lobbied for growth-crimping curbs on the U.S. giants. On cue, India this month rolled out constraints on foreign e-commerce players, including Jeff Bezos-led Amazon and Walmart-owned Flipkart, which together control 70 percent of its online shopping. -The Japan Times

Foreign Aid Groups Accuse Indian Government of Impeding Work In India, international aid organizations are defiant in the face of bureaucratic setbacks. -The Diplomat

Stripe bullish on global expansion, targets India and Malaysia -Tech in Asia

Why Asia isn't hanging up on Huawei Chinese telecoms giant Huawei is facing a global backlash but for many telecom operators in South East Asia, it is still among the preferred 5G partners -BBC

Stakeholders at crossroads amid uncertainty in data management A government plan to revise a regulation on data management has caused concern, with policymakers and business players raising contrasting opinions about the issue. It will ease the requirement to set up data centers in Indonesia, especially for foreign entities operating in the country. -Jakarta Post

Chinese contractor for Australia's AMP charged with stealing customer data -Jakarta Post

GLOBAL MACRO

Trade war opens commodity floodgates Tariffs and China slowdown combine to shrink demand The U.S.-China trade war is adding to excess supply for products from steel to soybeans, with export-discouraging tariffs in the U.S. and weakened equipment investment in China causing stockpiles to build up and prices to deflate. -Nikkei

Indonesia’s coal price reference set at $91.8 per ton in February The government has set Indonesia’s coal price reference (HBA) for February at US$91.8 per ton, 0.6 percent lower than the reference in January of $92.41 per ton, in response to China and India’s ongoing protection policies. -The Jakarta Post

Somkid: Full speed ahead Citing Japanese investors as an example, he said they view Thailand as an investment opportunity, with the Thailand 4.0 model and Eastern Economic Corridor setting the tone, but they need to see continuity -Bangkok Post

Vietnam to create favourable conditions for private firms The country targeted to have one million firms by 2020, of which, there would be a lot of large private corporations who were arising strongly in both domestic and international markets in key sectors like manufacturing, aviation, finance and banking, agriculture and telecommunications. -VNnews