Good morning, and welcome to the final Asia Links of the week
Xi Jinping cements his status with ‘historic resolution’ (BBC, FT, WSJ, Bloomberg, China Daily)
Xi and Biden expected to meet virtually on Monday (Reuters)
US National Security Advisor says no reason competition needs to turn into conflict (Lowy Interpreter)
The average yield on Chinese high-yield dollar bonds (read: real estate developers) is now almost 29% (FT)
Property developer Kaisa faces two crucial debt deadlines today (FT)
But property stocks are surging on signs of policy easing (Caixin)
Xi urges greater collaboration in speech to APEC summit (People’s Daily)
Stocks soar in India, luring in investors (NT Times)
SoftBank could invest up to $10 billion in India next year (LiveMInt)
India’s Adani to invest $70 billion in renewable energy, with focus on hydrogen (LiveMint)
US-China thaw on climate shifts the mood at COP 26 (FT)
Companies that have pledged to be net zero by 2050 should explain their short-term strategy (Project Syndicate)
Singles Day hit by supply chain glitches, slowing growth to 8.5% (WSJ, SCMP)
Hong Kong protester jailed for six years for ‘inciting secession’ by chanting slogans (BBC, FT, SCMP)
South Korea’s working age population declines (Chosun Ilbo)
Thai opposition party warns that court ruling against calls for reform could trigger ‘social explosion’ (Bangkok Post)
President Duterte’s daughter gears up to run for the presidency (Straits Times)
Binance now processes $76 billion in crypto trades a day – regulators are looking hard at its model (WSJ)
Bitcoin mining generates 64 million tonnes of carbon dioxide a year (IMF)
Low income developing countries may be much more in debt than we think (World Bank)
The family feud at the heart of Chinese meats giant WH Food (WSJ)
India’s sacred Yamuna River blanketed by toxic white foam from industrial waste and sewage (Washington Post)
Analysis: Global supply chains were built for efficiency, not resilience (Project Syndicate)
The Bank for International Settlements looks at the causes and macroeconomic implications of supply chain bottlenecks
China’s young are getting their tattoos removed (Sixth Tone)
And finally: Thai king returns to Germany with an entourage of 250 people and 30 poodles (SCMP)
Have a good weekend