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CHINA V AMERICA A new kind of cold war How to manage the growing rivalry between America and a rising China -The Economist
The United States and China are contesting every domain, from semiconductors to submarines and from blockbuster films to lunar exploration. The two superpowers used to seek a win-win world. Today winning seems to involve the other lot’s defeat—a collapse that permanently subordinates China to the American order; or a humbled America that retreats from the western Pacific. It is a new kind of cold war that could leave no winners at all.
America's struggle with China and North Korea is for keeps Existential struggles are not conducive to compromise, especially when the opposing sides see the competition in those stark terms. The United States is in such confrontations with the People’s Republic of China (PRC) and its junior communist ally, the Democratic People’s Republic of Korea (DPRK). -The Hill
Why the US and China See Negotiations Differently The recent breakdown in trade talks between the United States and China may in part reflect the two countries’ different approaches to negotiation. Hopefully, this contrast in styles will not cause the talks to fail unnecessarily, given the importance to the global economy of a US-China agreement. -Project Syndicate
China’s Latest Crackdown Target Is Liberal Economists -Bloomberg
Five Indian politicians to watch on last day of election PM Modi likely to return to power with thin majority for ruling coalition -Nikkei
Morrison Wins in Australian Election, Confounding Pollsters Scott Morrison, Australia’s conservative prime minister, won his first full term in office on Saturday, confounding expectations that the country’s voters were ready for a change in course after six years of tumultuous leadership under his party. -NYT
Huawei ban ripples across global supply chain Companies vexed by dragnet cast by US export restrictions -Nikkei
China threatens to retaliate over US sanctions China has threatened to retaliate against US sanctions seen as an attempt to restrict international trade by the Chinese technology giant Huawei. -BBC
Carrefour considers sale of stake in China business -Reuters
Carrefour, Europe largest retailer, is exploring the sale of a minority stake in its loss-making business in China and has started sounding out potential buyers, people familiar with the matter said.
No U.S. auto import quota in works, says Japan's economic revitalization chief Toshimitsu Motegi -The Japan Times
“There is no worry judging from the U.S. announcement,” Motegi said on a television program, noting that such a quota was not specified in the announcement.
Accelerating the exodus from China -Taipei Times
Hon Hai Precision Industry Co chairman Terry Gou (郭台銘) in October last year said that electronic components maker Cheng Uei Precision Industry Co would be moving some of its production back to Taiwan, while Delta Electronics Inc has announced plans to invest NT$13.2 billion (US$422 million) in Taiwan in the next three years.
However, Cheng Uei and others have brought up concerns over insufficient power, land and skilled labor in Taiwan and Southeast Asia. They have also cited problems with insufficient infrastructure and restrictive bureaucratic policies in ASEAN countries.
Royalty feud threatens to tear apart FamilyMart's profitable joint venture in China -The Japan Times
Under the terms of the partnership, Ting Hsin effectively operates more than 2,500 FamilyMart stores in China, sharing profits and paying royalties to the Japanese company. Although Ting Hsin’s founders are Taiwanese, the company has had a presence in China since the late 1980s before the country’s economy opened up, and is considered a local entity. It also controls other food and beverage brands, including China’s leading instant noodle maker.
Miners look to S. Korea, China amid low investment -Jakarta Post
GSB, Airbnb join forces on homestay State-owned Government Savings Bank (GSB) will offer special loans to homestay operators, and Airbnb will help these operators access travellers through the accommodation-sharing giant's platform. -Bangkok Post
Ministry eyes new management of ride-hailing platforms The Ministry of Information and Communications (MIC) has proposed managing ride-hailing platforms in a different way than other transport firms. -VNews
Gojek vs Grab – Dawn of the Super App with Jon Russell on Russell, reporter from TechCrunch, joined us in a conversation about the continuing war between Gojek and Grab with the dawn of the super app. We discuss Uber’s recent IPO S1-filing and their implications to Didi, Grab and Ola and what it means for the Asian ecosystem for the long term. -Analyse Asia
ZTE signs deal to help launch 5G in Myanmar Embattled Chinese player carves out foothold in emerging Asia -Nikkei
Japan's coming recession -- Trump to blame, or Abe? Domestic reform failures magnify the impact of U.S.-China trade war -Nikkei
China Trade Turmoil Makes U.S. Investors Nervous Some buy Treasurys and plan to sell stocks, saying 10-year bull market could be in danger -WSJ Asia
Will India’s Watchman Be Good for Investors? Foreign traders should be wary about what Prime Minister Narendra Modi might do with a second term. -Bloomberg
There's a Mystery in Just How Much U.S. Pork Is Going to China So far this year, China has purchased 163,825 metric tons of U.S. pork, up more than 700% from the same period in 2018, according to the USDA’s weekly data. -Bloomberg
Coffee shots may get cheaper as supply from Sumatra swells Coffee production in Indonesia, the world’s third-largest grower of robusta beans favored by instant drinks makers like Nestle SA, will probably climb to the largest in four years in 2019, boosting global supplies and potentially further reducing costs for caffeine addicts. -Jakarta Post
Logistics sector grapples with poor infrastructure -VNews